[Reuters] Exclusive: SEC wasted $1 million on data storage, watchdog says

Posted by: UGN Security

[Reuters] Exclusive: SEC wasted $1 million on data storage, watchdog says - 05/24/11 04:42 PM

WASHINGTON (Reuters) -The Securities and Exchange Commission wasted $1 million on virtual data storage it bought in 2008, the agency's internal watchdog said, part of a series of investigations into the agency's procurement practices.