Senators say SEC mishandled Pequot probe

Fri Feb 2, 2007



Two senior senators said this week that the U.S. Securities and Exchange Commission mishandled its inquiry into possible insider trading by $7.3 billion Pequot Capital Management.

Senator Arlen Specter (R-Pa.), ranking member of the Senate Judiciary Committee, and Senator Charles Grassley (R-Iowa), ranking member of the Senate Finance Committee, accused the SEC of lax oversight in its 2005 investigation into Pequot,...

ISSN: 2151-1845 / CDC10004H

TAKE A FREE TRIAL

The full contents of this article are available to active AR subscribers and trialists only.

To continue reading please,
take a free trialsubscribe or log in to AR.

Subscribe

Subscribers have unlimited access to all current and archive content. Start your subscription today - click on the button below.

Subscribe now