US lawmaker demands answers from SEC on docs related to Sam Bankman-Fried’s arrest By Cointelegraph
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Michigan Representative Bill Huizenga, who chairs the United States House Oversight and Investigations Subcommittee, has called out the Securities and Exchange Commission (SEC) for its failure to produce appropriate documents related to the timing of the charges and arrest of former FTX CEO Sam Bankman-Fried.
In a June 22 hearing on oversight of the SEC, Rep. Huizenga said “100% of the documents” the commission had provided on SBF’s charges and arrest were publicly available, suggesting an inadequate response to the congressional committee. The lawmaker criticized the SEC for failing to meet a Feb. 24 deadline to produce documents that allegedly raised “serious questions about the SEC’s process and cooperation with the Department of Justice” in regards to SBF’s charges and arrest.
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Michigan Representative Bill Huizenga, who chairs the United States House Oversight and Investigations Subcommittee, has called out the Securities and Exchange Commission (SEC) for its failure to produce appropriate documents related to the timing of the charges and arrest of former FTX CEO Sam Bankman-Fried.
In a June 22 hearing on oversight of the SEC, Rep. Huizenga said “100% of the documents” the commission had provided on SBF’s charges and arrest were publicly available, suggesting an inadequate response to the congressional committee. The lawmaker criticized the SEC for failing to meet a Feb. 24 deadline to produce documents that allegedly raised “serious questions about the SEC’s process and cooperation with the Department of Justice” in regards to SBF’s charges and arrest.
Continue Reading on Coin Telegraph
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