Accoridng to their new report, The U.S. Chamber of Commerce doesn't care too much for the SEC's "punative tone" and is recommending a that the SEC, frankly, cool it a little bit. Get the full skinny on the Chamber's comments here, via their press release. The SEC, in turn, cite's a 70%+ success rate in its trials and a perfect 6 and 0 record in fiscal 'O6.

While The Chamber's observations come hot on the heels of public criticism of the SEC's handling of the Overstock probe, which included the controversial subpoenaing of prominent financial journalists, the business advocacy group traces the SEC's heavier hand back a bit further. After all, it was only in 1990 that Congress even gave the SEC the ability to assess fines on U.S. companies.

Read more about it, including high-level responses from the SEC, right here.

-- MDT