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SEC Acknowledges Significant Increase in FOIA Requests Accompanied by Backlog

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Law.com: Tripled FOIA Requests Put SEC to the Test, Harold K. Gordon and Tracy V. Schaffer.

  • “In recent years, the number of requests the SEC has received under the FOIA, 5 U.S.C. §552, has more than tripled, leaving the agency with a hefty backlog of thousands of requests. According to the SEC, it received 8,961 FOIA requests just in its fiscal year (“FY”) ending September 30, 2006, up from 2,834 requests six years earlier. Further, at the end of FY 2006, the agency had 10,403 requests pending compared to only 151 requests when FY 2000 ended.”
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