there was not previously a specific exemption(3) specifically exempted from disclosure by statute (other than section 552b of this title), provided that such statute (A) requires that the matters be withheld from the public in such a manner as to leave no discretion on the issue, or (B) establishes particular criteria for withholding or refers to particular types of matters to be withheld;
the FOIA officer at SEC would have had to document the legal basis for refusing to make such disclosures at every instance such inappropriate disclosures would have been requested under the FOIA provisions
now that is not required because of a legitimate blanket exemption
If you think it's fine and dandy that the SEC is nearly entirely exempt from accountability through the FOIA, far beyond what you claim is your concern, so be it. If that kind of immunity from public inquiry is the kind of government you want, then that's your take. I do not agree, and will not agree.
2001-2008: Dissent is the highest form of patriotism.
2009-2016: Dissent is the highest form of racism.
2017-? (Probably): Dissent is the highest form of misogyny.