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Location : Ether-Sphere Job/hobbies : Irrationality Exterminator Humor : Über Serious
| Subject: Statist maggots & insider trading investigation: House panel opposes giving SEC documents for probe Sat Jul 05, 2014 11:17 pm | |
| A US House of Representatives panel said on Friday it should not have to comply with a federal regulator's demand for documents sought for an insider-trading probe involving the staff director of a subcommittee and a lobbyist.
The House Ways and Means Committee argued in a court filing that US District Judge Paul Gardephe in New York should deny the Securities and Exchange Commission's attempt to subpoena documents from the committee and its healthcare subcommittee staff director Brian Sutter.
The SEC went to court on June 20 to enforce subpoenas it issued as it sought information related to a probe into whether Sutter leaked material nonpublic information about Medicare reimbursement rates to Mark Hayes, a lobbyist at Greenberg Traurig LLP.
http://www.business-standard.com/article/international/insider-trading-investigation-house-panel-opposes-giving-sec-documents-for-probe-114070500743_1.html |
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