SEC Issues Subpoenas As Part of Market Crash Probe
May 11, 2010 at 20:38 PM EDT
Bloomberg reports that U.S. Securities and Exchange Commission’s enforcement unit has issued subpoenas in an investigation of last week’s stock plunge. SEC Chairwoman Mary Schapiro told a House Financial Services subcommittee today that the agency is “fully integrated in [its] review of the events of May 6 and will recommend appropriate action” if violations are found. [...]