WASHINGTON – Sen. Chuck Grassley of Iowa today asked the Securities and Exchange Commission to describe how the agency resolved referrals involving the firm SAC Capital. Grassley has a record of conducting oversight of federal agencies and regularly tracks whether the SEC is doing its job to protect investors. The SEC’s dealings with this firm are the latest example that could illustrate how the agency functions.
The signed copy of Grassley's letter is available here. The attachment of referrals is not included, at the request of the investigative agencies that it not be made public.