Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times
International Business Times
Business
Marvie Basilan

YOU WONT BELIEVE: Sec to shut down office that worked on its failed debt box case - You Need To See This

People exit the headquarters of the U.S. Securities and Exchange Commission (SEC) in Washington, D.C. (Credit: Reuters)

KEY POINTS

  • The SEC said staffers will be aligned to existing units based on their current functions
  • Two lead lawyers in the SEC's dismissed case against Debt Box reportedly resigned in April
  • Judge Shelby blasted the SEC for the 'bad faith conduct' of some of its lawyers in the controversial case

The U.S. Securities and Exchange Commission (SEC) has announced that it will shut down its Salt Lake Regional Office (SLRO) later in 2024 after considering the regulatory agency's budget and efficiency.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.