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SEC Chief Defends His Restraint:
“What we have done in this current turmoil is stay calm, which has been our greatest contribution — not being impulsive, not changing the rules willy-nilly, but going through a very professional and orderly process that takes into account unintended consequences and gives ample notice to market participants,” [SEC Chairman Christopher] Cox said. This caution, he added, “has really been a signal achievement for the SEC.”General George S. Patton:
“A good plan, violently executed now, is better than a perfect plan next week.”
