Take the following as truth: While the SEC found that it would be inconsistent with the Coordination Act to grant an exemption for the above-described small entities, the Commissioner has written to the congressional committees concerned urging that the sunset provision be eliminated and the ERISA exemption be made permanent.
Then the following statement: "The SEC is merely concerned with upholding the law, but the Commissioner has an ax to grind with SEC." is true, false, or inconclusive?