House Financial Services Committee Chairman Jeb Hensarling criticized the SEC for leaks to the news media in a letter to SEC Chair Mary Jo White this week, reports Eamon Javers of CNBC.
Javers writes, “Of particular concern to Hensarling was the ability of CNBC and The Hill newspaper to obtain copies of a non-public investigative report that detailed a long running leak investigation inside the SEC. ‘Leaks of this magnitude are unacceptable,’ Hensarling wrote.
“CNBC obtained a copy of Hensarling’s letter Thursday from a source who declined to be named.
“In other words, a congressional letter criticizing the SEC for leaks involving a report about a leak investigation was itself leaked.
“At issue is a contentious investigation inside the SEC into who leaked information about the commission’s then-secret session about JPMorgan’s involvement with the so-called ‘London Whale’ trades.”
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