With a backlog of mutual fund and hedge fund cases at the Securities and Exchange Commission, the departure of two Democratic commissioners and Chairman Christopher Cox’s unusual vote in favor of two contradictory proposals on shareholders’ rights to nominate board trustees, the future of the SEC is in question, the Los Angeles Times reports.

But as recently as this past summer, the SEC seemed like a unified group, and Cox was being heralded for creating a sense of unity at the SEC, which had been known for acrimony for years.

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