Commentary on fraud, scams, scandals, and court cases.
 

SEC Discards Documents Regarding Matters Under Investigation (MUIs) According to Agency Policy

The big buzz this week is an article in Rolling Stone regarding the SEC’s policy of destroying documents related to Matters Under Investigation (MUIs) which do not result in any agency action being taken. At first blush, it may appear to be some sort of cover up, and that’s exactly …