Report: SEC takes aim at Wall Street's risky business

Is another disaster on Wall Street imminent? Fear may not be the exact inspiration for the SEC's latest batch of regulatory proposals, but some key players are sounding the alarm.

Sen. Ted Kaufman (D-Del.) began pushing for the intensive financial reform of some of Wall Street's high-risk practices late last year. He cited the risk of yet another financial crisis due to "new practices which are leading to new problems and new systemic risks."

Click here to learn more about the core practices the SEC is working to regulate, and how each could potentially create a "systemic risk."