SEC and CFTC join FBI's inquiry into disruptive tweet

04/25/2013 | New York Times (tiered subscription model), The

The Securities and Exchange Commission and the Commodity Futures Trading Commission have joined the FBI in investigating the hacking and posting of a fake tweet on an Associated Press Twitter account. "We have standard operating procedures whenever there are market developments, and this is no exception," said John Nester of the SEC. "These procedures start with getting the facts about what occurred. We do not limit ourselves to looking at the catalyst for an event, but also its repercussions, to determine whether any further inquiries or actions are warranted."

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