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SEC watchdog kept on job despite 'serious misconduct': Reuters

Added 12-07-21 06:58:02pm EST - “Inspector General? of the Securities and Exchange Commission (SEC),? Carl Hoecker, was permitted to keep his job even after a 2019 investigation recommended that he be fired for? "serious misconduct."” - Thehill.com

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Posted By TheNewsCommenter: From Thehill.com: “SEC watchdog kept on job despite 'serious misconduct': Reuters”. Below is an excerpt from the article.

Inspector General of the Securities and Exchange Commission (SEC), Carl Hoecker, was permitted to keep his job even after a 2019 investigation recommended that he be fired for “serious misconduct."

Government documents obtained by Reuters through a public records request showed that instead of firing Hoecker, the SEC decided to place him on an unpaid temporary suspension in May of 2020. Hoecker has since returned to work.

The investigation into Hoecker was conducted by the Integrity Committee which is a federal panel tasked with probing allegations of wrongdoing against inspector generals.

Reuters reported the committee determined that Hoecker abused his authority and carried out a “remarkably biased and flawed” probe into allegations against two of his employees who allegedly had a sexual relationship.

According to the committee, Hoecker's investigation “created the appearance that he attempted to conceal potential wrongdoing” carried out by the two employees, who had worked for him at another agency. The two employees — a female worker and her male supervisor — allegedly left work while still being paid in order to spend time together.

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