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SEC dismisses 42 cases after employees access restricted records

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SEC says staff gained access to materials meant for commission officials thanks to internal systems issues.

The SEC said on Friday that it is dismissing 42 enforcement cases after finding that some of its employees improperly accessed legal records that should have been walled off from them.

The dismissals involve enforcement cases pending in the SEC’s in-house courts, with the agency saying enforcement staff gained improper access

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