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Report: SEC staffers watched porn as economy crashed

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SEC and Pornography: Workers Spent Hours on Porn Sites Instead of Stopping Fraud

On a day when President Obama argued for more government regulation over the financial industry , a new government report reveals that some high-level regulators have spent more time looking at porn than policing Wall Street., Here's how to inoculate ourselves against negative ones.





















SEC Staffers Watched Porn as Economy Crashed

The following section was amended by the 86th Legislature. Pending publication of the current statutes, see S. Acts , 63rd Leg.

SEC Porn Problem: Officials Surfing Sites During Financial Crisis, Report Finds

CNN -- As the country was sinking into its worst financial crisis in more than 70 years, Security and Exchange Commission employees and contractors cruised porn sites and viewed sexually explicit pictures using government computers, according to an agency report obtained by CNN. All the cases took place over the past five years. Darrell Issa. SEC spokesman John Nester said the employees involved have been disciplined or are being disciplined. Some have been suspended or dismissed, he said, adding that the SEC has further increased penalties for misusing government resources in recent months. The investigation came to light on the same day President Obama gave a speech in lower Manhattan, calling for reform in the finance industry.

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2 COMMENTS

  1. Alaide C. says:

    The Securities and Exchange Commission is the sheriff of the financial industry, looking for crimes such as Bernard Madoff's Ponzi scheme , but a new government report obtained by ABC News has concluded that some senior employees spent hours on the agency's computers looking at sites such as naughty.

  2. Odo D. says:

    SEC and Pornography: Employees Spent Hours Surfing Porn Sites - ABC News

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