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Mike’s Recipe for SEC Gumbo

3 cups of probation

2 lb. of investigations

1 ounce of gambling

1 tsp. of academic fraud

a smidge of point shaving scandals

1 clove of racial discrimination

4 qt. of lack of institutional controls

3 slices of impermissible gifts

1 boiled, greedy commissioner

Put all ingredients in a big pot, stir, and allow to simmer for ten years. Then repeat process.

Serves 14.