That article was horribly written, completely uninformative except for the news that the SEC is apparently investigating the Marlins, and exhibits either a real lack of knowledge regarding the SEC's function or a complete inability to articulate how the investigation is tied into stadium funding. The SEC does not typically investigate bribery, which would be left to state authorities or, if federal law is violated, the FBI.

The SEC deals with securities regulation and violations of securities laws. The only connection I can see in any of this is the possibility of inadequate disclosures in connection with bond sales to finance the stadium. Or possibly some form of insider trading. It's interesting that it's the SEC though. I mean, it would almost be shocking if a stadium funded by Dade County didn't involve bribery and other forms of corruption - it's a way of life there. But unless the county or the team made misrepresentations to bond purchasers regarding something material I can't see why the SEC gets into it.

In any even, there's nothing to suggest that the investigation has anything to do with the larger issue of publicly financed stadium construction that the author so badly wants it to relate to. And you can't tell at all whether anyone needs to go to jail from that article. In fact, much of the SEC's enforcement work is done through civil lawsuits rather than criminal prosecutions.