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March 18, 2010

SEC probing firms' pre-2008 actions

  • SEC Chairman Mary Schapiro said the autopsy of Lehman raised “some very interesting points” and would be “helpful.”
    • By MARCY GORDON
    AP Business Writer

    WASHINGTON — The head of the Securities and Exchange Commission confirmed Wednesday the agency is investigating several companies' actions in the run-up to the financial crisis of 2008.

    SEC Chairman Mary Schapiro said “it would be safe to assume” that the agency is looking very closely at the conduct of a number of firms during this time. She did not name the companies.


     
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