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... is inexcusable. And I don't agree with the WSJ op ed column that blames the SEC-Wall Street revolving door as the issue. As Bruce Carlton properly points out in Compliance Week, there is no such door. Sure, some SEC executives go to Wall Street when the ... to slack off in order to get a big job. The Enforcement Staff that I have dealt with over the years were zealous - and usually accused of trying to make a name for themselves as a securities litigator, not as a patsy for the securities industry.