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Rating:GAO Set to Admonish SEC, Again Not Rated 3.0 Email Routing List Email & Route  Print Print
Friday, September 14, 2007

GAO Set to Admonish SEC, Again

by: Erin Kello

In some government agency on government agency action, the GAO is set to release another report that is critical of the SEC, sources tell the WSJ. The report, expected as soon as today, addresses the insider trading debacle set off by allegations from former SEC enforcement attorney Gary Aguirre, who says he was let go to stop him from issuing a subpoena to John Mack, now chief of Morgan Stanley. Yesterday the GAO released a report that was critical of the SEC's risk ratings of fund firms.  

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