SEC Chair Shapiro gave testimony in Congressional hearing SEC Oversight: Current State and Agenda

Parsing over the testimony, which EP readers should also scan via the link, some interesting sections.

Firstly it appears the SEC will monitor credit ratings agencies, and appear to be going after paid for ratings requests, which was at the heart of financial crisis. This Friday Night Video has some detailed video interviews, clips on credit ratings agencies and how they enabled the financial meltdown.