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Thursday, July 22, 2004

SEC Says No Suspicious Trades Before 9-11

July 22, 2004
In conjunction with the release today of the final report by The National Commission On Terrorist Attacks Upon the United States (the 9-11 Commission),the Securities and Exchange Comission has released comments stating that on Sept. 12, 2001, the SEC began an investigation to determine whether there was evidence that anyone who had advance knowledge of the terrorist attacks on September 11 sought to profit from that knowledge by trading in United States securities markets.

In the course of that review, the SEC stated that, they did not develop any evidence suggesting that anyone who had advance knowledge of the September 11 attacks traded on the basis of that information. FR Reprint.


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