U.S. Parliament Summons SEC Chair Over Role in FTX Investigation By CoinEdition

• The U.S. Parliament has requested communication details from the SEC over the investigation of SBF.
• The SEC chair was given until 5pm, February 24 to provide requested information.
• GOP’s aims at providing transparency in the investigation of SBF over his role in the FTX collapse.

The U.S. Parliament has issued an ultimatum to Gary Gensler, chairman of the Securities and Exchange Commission (SEC), asking him to provide information concerning the commission’s investigation of FTX. Gensler was given until 5.00 p.m. February 24, 2023, to submit outlined records to the GOP.

In a letter dated February 10, 2023, the U.S. parliament’s committee on financial services requested that the SEC chairman provide the details of his commission’s investigation of Sam Bankman-Fried (SBF) concerning the FTX collapse. The parliament asked Gensler to provide communication records between some of the key participants in the investigation by the SEC.

Since @garygensler won’t abide by his own polices to “come in and talk”, the House GOP will hold him accountable. Today, as promised, our oversight of the @SECGov begins with a request for documents surrounding their inte…

The post U.S. Parliament Summons SEC Chair Over Role in FTX Investigation appeared first on Coin Edition.

See original on CoinEdition