In a letter addressed to SEC Chairman Mary Schapiro on Monday, Senator Chuck Grassley says he is tired of waiting for an unredacted copy of the recent Inspector General report (discussed here) about the activities of SEC attorneys who may have engaged in insider trading and violations of the SEC’s own trading policies. According to a press release on Grassley’s website, he has twice asked for information that the SEC has apparently already released in response to requests made through the Freedom of Information Act. To date, however, the SEC has not sent it to him.
“The contents of the Inspector General report about the activities of SEC attorneys deserve congressional scrutiny. The public needs to know that the SEC is doing something to deter misconduct and that this sort of thing isn’t more widespread,” he said.
