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SEC chairman talks about funds structural weaknesses as agency considers changes.
Presidents proposal would also eliminate dozens of tax breaks for companies.
Justice requests charges be dropped in FCPA case involving a sting operation.
Economic woes may make it hard for Greece to reduce its deficit.
Europe provides $173 bln in aid, wrings concessions from private investors.
Chains from Gamestop to J.C. Penney shut stores on social networking site.
