The Securities and Exchange Commission (SEC) stated in its report to us that it was not required to prepare, and did not prepare, a cost-benefit analysis of the rule.
The SEC is in charge of sending out reports requesting things to be processed.
mnli hypothesis: The SEC is in charge of sending out reports requesting things to be processed. premise: The Securities and Exchange Commission (SEC) stated in its report to us that it was not required to prepare, and did not prepare, a cost-benefit analysis of the rule.