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SEC economist vacancies may aid legal challenges of Dodd-Frank law

from Bloomberg

The U.S. Securities and Exchange Commission has begun drafting more than 100 rules required by the Dodd-Frank Act with a vacancy atop the office that helps ensure its regulations can withstand court challenges. The SEC has been without a chief economist since James Overdahl stepped down in March, and two candidates for the job that pays as much as $230,700 a year have fallen through, three people familiar with the matter said. more

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