Leadership in the United States House of Representatives Financial Services Committee was not satisfied with Securities and Exchange Commission head Gary Gensler’s response to their request for documents. They have reached out to the SEC chairman again in a sharply worded letter.
Committee chair Patrick McHenry and chair of the Oversight and Investigations Subcommittee Rep. Bill Huizenga wrote Gensler on Feb. 10 “demanding records and communications between and among both the SEC’s Division of Enforcement, the Office of the Chair, and the Department of Justice (DOJ)” in regard to the timing of charging and arrest of former FTX CEO Sam Bankman-Fried.