Warren sent a letter to SEC Chairwoman Mary Jo White calling for an investigation into alleged discrepancies between statements insurance executives made to their investors and complaints these same individuals made about the impact new government regulations would have on their businesses, The Wall Street Journal reports.
The new regulations stem from a Department of Labor rule change that will make it tougher for investment firms that handle retirement funds to operate.
In the letter, Warren alleges that she’s concerned discrepancies in their statements will harm investors. She even called out the individuals and their companies by name and asked for a "prompt and thorough" investigation into their statements, but stopped short of declaring that they violated federal laws.
