SEC Chair Refuses To Answer Questions On Possible Facebook Probe


The chairman of the Securities and Exchange Commission is refusing to answer questions on whether his agency will investigate Facebook.

Gary Gensler said he’s not able to comment on that. However, he noted there could be a securities law violation if executives of any public company mislead the public in a variety of ways. It comes as former Facebook employee Frances Haugen filed whistleblower complaints with the SEC. She said the company misled investors and those who wanted to invest in the company.

Haugen leaked thousands of internal documents to the SEC and the Wall Street Journal.

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