Sometimes miracles happen. To wit, the Securities and Exchange Commission finally has a full complement of five commissioners again.

Finally, at least in theory, the SEC can address all the financial reporting and corporate governance issues it has been dodging for nearly a year. That list of issues is long, and nobody truly knows what the Commission is likely to tackle first, or even at all. So this month, letโ€™s just run through the big questions facing the SEC and engage in some rash speculation about what the answers may be.