What is the SEC?

The SEC is simply an entity saving the like of this hedge fund guy from having scattered efforts because of possibilities of being investigated by various entities and instead can concentrate his related efforts on manipulating one of them from the inside.

I just would like to know what kind of thinking suggests that the best way to combat corruption in the stock market by those with the financial power and connections who control every thing in this country is to assign that task or count on that task to be carried on by a small entity that is easy to be infiltrated and hijacked like the SEC? Instead of that the path to fight corruption in the market should have been implemented through widening such authority and its application to all and every kind of law enforcement entities as much as possible so that those guys with that power cannot concentrate that power on one entity to manipulate. In addition, multiple independent and isolated investigations for the same case enable one of the best possible ways to check for the integrity of these investigations. There is a very serious disease of corruption in this country and in fighting that disease one may not always have the luxury of giving saving or cutting costs the priority a healthy person can give.