by Pam Martens and Russ Martens
Wall Street on Parade
It’s no wonder that American citizens are receiving just a tiny snippet of critical news from mainstream media. Federal regulators have set a new low in withholding documents that the public and the media are entitled to under the Freedom of Information Act (FOIA). These censored documents could inform us on what’s really driving policy decisions in Washington.
Take our latest FOIA brush with the Securities and Exchange Commission (SEC). Foreign central banks and sovereign wealth funds are required under law to report their publicly-traded U.S. stock positions no later than 45 days after the end of each calendar quarter. This is done on Form 13F, which is filed with the Securities and Exchange Commission, if those stock holdings reach $100 million or more.