The Mother-in-Law was a spangly shrine to the singer who dubbed himself "Emperor of the World, " wore an ermine-trimmed cape and opened his act with the trademark scream "Burn, K-Doe, burn!"

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Clawback provisions, which have been common in the U.K. since 2009, were mandated in the U.S. by the Dodd-Frank Act, though the SEC has yet to implement this part of the law.

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He says Congress had always rejected a U.K. style Official Secrets Act, and that it was the role of the press to disclose wrong-doing by government officials.

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Unlike the U.K., that portion of the U.S. inspection report is private under the Sarbanes-Oxley Act of 2002, except in limited circumstances.

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