Empower Oversight Counters SEC’s Bad Faith FOIA Tactics with New Filing on Crypto Conflicts
Empower Oversight Counters SEC’s Bad Faith FOIA Tactics with New Filing on Crypto Conflicts - Empower Oversight
Empower Oversight has filed another records request with the Securities and Exchange Commission (SEC) related to conflicts of interest in its cryptocurrency enforcement decisions.
This is an effort to end the SEC’s delays in refusing to conduct searches for records of communications using a specific list of names that the SEC first asked Empower Oversight to provide, and then promptly ignored, nearly a year ago.
Empower Oversight has clearly sought all records of communications from any personnel associated with the listed entities and demonstrated a willingness to reasonably narrow the scope of the request by limiting searches to specific list of names when asked by the SEC to do so.
As Empower Oversight has explained in court and this filing, SEC unreasonably rejected Empower Oversight’s “good faith efforts at accommodation and wasted everyone’s time and resources to litigate the issue rather than simply conducting searches on the names it had requested.”
“As a result of this filing, it is now beyond dispute that the SEC is obligated under FOIA to conduct the searches it has refused to do thus far. Its delays and bad faith will not be rewarded. If necessary, we will seek judicial enforcement of this request" - @JsnFostrThis post is based on this twitter thread.