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Aug 31, 2010

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Dave

The FWRO was investigated not that long ago by the OIG involving two enforcement attorney's who had been offering short seller Anthony Elgindy and FBI Agent Jeff Royer non-public investigation material on companies. The attorneys were aware that the material was being used to profit as evidenced in the report. While Elgindy and Royer went to prison for their illegal acts, the SEC attorney that offered the illegal materials remain employed at the agency.

Here is the redacted OIG report:

http://investigatethesec.com/drupal-5.5/?q=node/927

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