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SEC failed to guard sensitive information

Posted on August 11, 2014 by Dissent

Kevin Cirilli reports:

An internal government report obtained by The Hill says the Securities and Exchange Commission has failed to properly guard sensitive nonpublic information. [READ INSPECTOR GENERAL REPORT.]

The report from the SEC’s Inspector General says the agency failed to clear the room during non-public executive session votes of the five-member board.

It also found that officials didn’t keep complete attendance records during at least one high-profile meeting involving a J.P. Morgan settlement worth $200 million.

The 16-page Office of the Inspector General (OIG) report didn’t blame an individual for leaking information, but it raised questions about how the agency conducts routine business.

Read more on The Hill.

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