Two members of the U.S. House of Representatives Financial Services Committee. It questioned U.S. Securities and Exchange Commission Chairman Gary Gensler “about the timing of the litigation against FTX founder Sam Bankman-Fried” according to his schedule at the hearing.
In a February 10 announcement, board chairman Patrick McHenry and representative Bill Huizenga chaired the Oversight and Investigation Subcommittee.said Duration of Charges and Arrests Bankman-Fried In the Bahamas, it raises serious questions about the SEC’s process and its cooperation with the Department of Justice. work with the Department of Justice in connection with the SBF’s allegations from Nov. 2 to Feb. 9.
McHenry and Huizenga have asked Gensler to provide information by Feb. 23, with the SEC chairman facing further scrutiny this week.
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