You know you can count on Enforcement Action to keep a watchful eye out for SEC-related trends, so here’s the latest micro-trend I’m seeing: the major news networks take the latest twist in the financial crisis and make a video about it asking, “Where Was the SEC?”
The first example of this came a few weeks ago in this video entitled “Where Was the SEC” from CBS News attaching blame to the SEC, generally, for the developing financial crisis:

