Comment on SEC reveals 2016 hack that may have been used for illegal trades

SEC reveals 2016 hack that may have been used for illegal trades

Jay Clayton, the chairman of the Securities and Exchange Commission, said in a statement posted on the agency's website Wednesday night that officials learned last month that the "previously detected" 2016 incident might have been exploited by the hackers for financial gains. The SEC has launched an internal investigation.

 

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