Friday, September 9, 2011

Is The Securities And Exchange Commission Illegally Shredding Documents?

The Securities and Exchange Commission has suspended the destruction of documents after a whistleblower said the agency was illegally shredding paper related to thousands of investigations. A spokesman told Federal News Radio the agency is reviewing its records retention policies with the National Archives and Records Administration. The whistleblower, an SEC lawyer, said documents from high profile cases, such as the Bernard Madoff investigation were among those turned into confetti.

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