SEC Details Tech Failures Leading to Loss of Gary Gensler's Texts
Friday, 5 September 2025, 07:23
SEC's Revelation of Tech Failures
The SEC announced that avoidable errors in technology resulted in the loss of crucial text messages from former Chair Gary Gensler's phone.
Details of the Incident
Between October 2022 and 2023, several messages were irretrievably lost due to these failures.
- Implications for data management
- Concerns on transparency within the agency
- Possible regulatory ramifications
As the SEC seeks to restore public confidence, they must address these significant gaps in their operational infrastructure.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.