08/16/2009 05:12 am ET | Updated May 25, 2011

SEC's 'Wish List': 42 Changes The Regulator Wants

The Securities and Exchange Commission has sent a "wish list" to Capitol Hill of 42 changes it would like made to federal securities law.

This list, obtained by FOX Business from a person on Capitol Hill, contains proposed alterations that the SEC believes would help strengthen regulation of the financial-services industry. The proposals likely wouldn't be brought up as legislation on their own, but could possibly be attached to a larger bill at some point.