According to the Wall Street Journal, the General Accountability Office will shortly issue a report critical of the Securities and Exchange Commission over its firing of San Diegan Gary Aguirre. Two Senate subcommittees have already issued a joint report saying that the securities agency was too deferential to a Wall Street mogul whom Aguirre said should be interviewed for possible insider trading offenses. The Senate committees agreed that the mogul should have been interviewed, and the SEC was entirely too easy by waiting to interview him until after the statute of limitations had run out. As of Sunday evening, I could not determine that the GAO report has yet been issued.
According to the Wall Street Journal, the General Accountability Office will shortly issue a report critical of the Securities and Exchange Commission over its firing of San Diegan Gary Aguirre. Two Senate subcommittees have already issued a joint report saying that the securities agency was too deferential to a Wall Street mogul whom Aguirre said should be interviewed for possible insider trading offenses. The Senate committees agreed that the mogul should have been interviewed, and the SEC was entirely too easy by waiting to interview him until after the statute of limitations had run out. As of Sunday evening, I could not determine that the GAO report has yet been issued.