In a relationship not unlike the Minor Leagues/Major Leagues in baseball, the Securities and Exchange Commission serves as a low paid training ground for up and coming lawyers to train for the big bucks in the big leagues on Wall Street. The only difference is the SEC is not run and funded by Wall Street, but by the taxpayers who it supposedly serves, taxpayers,who also pay to keep Wall Street afloat and billions in bonuses flowing into deep pockets when SEC regulated Wall Street free enterprise supporting tycoons crash the economy.

WASHINGTON (Reuters) – At least 219 former officials at the Securities and Exchange Commission have left since 2006 to help clients with business before the agency, bringing fresh allegations of a "revolving door" that leaves the commission too cozy with the Wall Street firms it regulates.

According to a report to be released on Friday, between 2006 and 2010 there were 219 former SEC employees who filed letters with the agency indicating their intent to represent a client with business before the commission.....