This paper explores important areas of the SEC ' s jurisdiction where attention to its statutory obligations would produce more balanced policies in the future .

Beyond the Securities and Exchange Commission's oversight failures in the cases of Enron and WorldCom, the Commission's addiction to press coverage has led it to emphasize enforcement activities above all else.

A federal appeals court has given life to language in a 1996 congressional enactment that the SEC has largely ignored.

Will the Securities and Exchange Commission be able to return to a time when it could gain the acceptance of its rules simply by asserting that they are necessary to protect investors?

Chairman Cox continued some of his predecessor's troubled initiatives, pursued some good ones of his own,but missed several opportunities.