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2011-12-15 — businessinsider.com
``The SEC would prefer to create a 5 person commission to appeal the Judge's ruling and nip this problem in the bud. If Rakoff can do it once, he can do it again no? The SECs director has argued that this would make it difficult to police Wall Street. Moreover, what if other Judge's decide to follow in Rakoff's footsteps?''
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