>>18687209
>HAS ANON FOUND OUT WHY THE NAME PEEKABOO?
Yes peekaboo is the SEC smaller department who go after people on tax issues. SDNY
they are lawless and completely political motivated.
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‘Peekaboo prosecution’ turns 20
BY RUSSELL G. RYAN, OPINION CONTRIBUTOR - 07/08/22 12:00 PM ET
https://thehill.com/opinion/finance/3549656-peekaboo-prosecution-turns-20/
Imagine a dystopian world where Congress empowers a private corporation to secretly investigate and punish members of a particular profession — say, auditors. Think of a private version of the Securities and Exchange Commission (SEC), but with evergreen funding that never requires an appropriation from Congress and with lavishly compensated personnel who are exempt from laws designed to keep governmental regulators in check.
Imagine further that this private regulator’s investigative, prosecutorial and adjudicative activity is secretly performed by staff employees with no meaningful supervision by any government official appointed by the president.
Finally, imagine being secretly prosecuted by these nongovernmental enforcers. Your case is then secretly decided by a “hearing officer” who is a fellow company employee of the prosecutors. There is no jury and not even – as self-regulators like the Financial Industry Regulatory Authority (FINRA) routinely provide – a multi-member hearing panel that includes one or two of your industry peers.
Although your accusers likely spent several years amassing their case against you, you get only six months to prepare your defense, and you can’t take depositions or obtain other kinds of pre-hearing discovery that are routinely available in court proceedings and even SEC administrative proceedings.
You’re also denied access to prior decisions where others successfully defended themselves (one of the most critical defense tools since time immemorial), although your prosecutors and the hearing officer have unrestricted access to those same secret precedents.
If you lose, your appeal is decided by the executive officers of the corporation — the same ones who hand-picked the prosecutors and hearing officer and who launched the charges against you in the first place based on secret communications with the prosecutors. And as best you can tell from public sources, no previous appeal has ever succeeded, although many provoked the officers to impose harsher penalties than the hearing officer did.
Believe it or not, this modern version of the Star Chamber already exists in the form of the Public Company Accounting Oversight Board (PCAOB) — often derided as “peekaboo” due to its acronym and infamous secrecy. Congress created the PCAOB 20 years ago this month as part of the Sarbanes-Oxley Act of 2002, and it has been controversial ever since.
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