BILL SINGER: Given the horrendous job that the Securities and Exchange Commission (SEC) and other regulators have done, more eyes and ears should be helpful--and particularly if those watchers and listeners are motivated by the lure of a bounty. As such, I propose that we implement an act modeled after the False Claims Act replete with its Qui Tam provision to deputize millions of Americans to patrol the Wall Street beat.
To read more of Bill's weekly Forbes column, visit:
http://www.forbes.com/2009/09/18/commentary-singer-whistle-intelligent-investing-blower.html
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