SEC Seen As Powerless In Wake Of AP Hack Crash

Law360, New York (April 24, 2013, 6:59 PM EDT) -- With the U.S. Securities and Exchange Commission probing the Twitter-hacking incident at the Associated Press that roiled stock markets Tuesday, experts say the agency has few tools in its regulatory arsenal to prevent similar mishaps in the future.

The SEC is investigating trading activity from Tuesday after the AP falsely tweeted that President Barack Obama had been injured in multiple bombings at the White House. A group of Syrian nationalist hackers claimed responsibility for the tweet, which was sent just after 1 p.m. and caused a dip...
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