Securities and Exchange Commission (SEC) Case #14-ENF-0726-I – Improper Disclosure of Nonpublic Information

Securities and Exchange Commission (SEC) Case #14-ENF-0726-I – Improper Disclosure of Nonpublic Information

Background

On July 18,2014, the U.S. Securities and Exchange Commission (SEC), Office of Inspector General (OIG), Office of Investigations (01), initiated an investigation on the basis of allegations that SEC information was leaked to Reuters, an international news agency, regarding 10 investment companies under investigation by the SEC for their “High Frequency Practices” practices.

The investigation determined that nonpublic information was included in the July 17, 2014, Reuters article. However, OIG was unable to determine which specific individual(s) improperly disclosed information to Reuters based on the March 24,2014, email regarding SEC’s on-going review of HFT practices.

The Investigation

 Securities and Exchange Commission (SEC) Case #14-ENF-0726-I – Improper Disclosure of Nonpublic Information [18 Pages, 3.7MB]

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