House Republicans Ask SEC About Sam Bankman-Fried Arrest (1)

Two top Republican members of the US House Financial Services Committee are examining the Securities and Exchange Commission’s communications with the Justice Department on the arrest of former FTX Chief Executive Officer Sam Bankman-Fried.

Chairman Patrick McHenry and Representative Bill Huizenga, who leads the panel’s oversight and investigations subcommittee, sent a letter to SEC Chair Gary Gensler on Friday asking him for records related to complaints filed against Bankman-Fried.

The Republicans said they’re looking into the timing of the government’s allegations. They’re also asking for the communications between SEC officials and the Justice Department, among other records. ...