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SEC admits: Important text data from former boss Gary Gensler was lost for almost a year
The US Securities and Exchange Commission (SEC) revealed on Wednesday that it had lost nearly a year of text data from its former chairman, Gary Gensler. This information was disclosed by the SEC's Office of Inspector General. The loss of this data raises questions about information security and careful documentation within the agency. Text data, especially in a supervisory authority like...
SEC admits: Important text data from former boss Gary Gensler was lost for almost a year
The US Securities and Exchange Commission (SEC) revealed on Wednesday that it had lost nearly a year of text data from its former chairman, Gary Gensler. This information was disclosed by the SEC's Office of Inspector General.
The loss of this data raises questions about information security and careful documentation within the agency. Text data, especially in a regulatory body like the SEC, is of great importance as it is essential for the transparency and traceability of decisions and processes.
The SEC plays a central role in the supervisory system of the US financial markets, and the storage of data is crucial to ensure the integrity of these markets. The loss of data could have a potentially impact on ongoing investigations and the public perception of the authority.
It is critical that the SEC take action to ensure that such incidents are avoided in the future and that the integrity of the data needed for market surveillance is maintained.