BusinessBusiness

Firm CEOs Must Now Turn Over E-Mails

The New York Post reports that US securities regulators are now turning their attention on the big guys and are believed to be forcing over 50 top Wall Street executives to turn in e-mails and other internal documents as the quest continues to find out if there is any more dirty linen.

According to the newspaper, regulators The National Association of Securities Dealers and The Securities and Exchange Commission are seeking documents in connection with the recent probes into Wall Street stock research practices from the top man at every major securities firm.

Those thought to be have been asked to provide files include Citigroup's Sandy Weill, Lehman's Richard Fuld, Phil Purcell at Morgan Stanley, CSFB boss John Mack, top man at Goldman Henry Paulson and former CSFB and Merrill Lynch CEOs Alan Wheat and David Komansky.

The firms are thought to have until 20th June to comply with the requests.

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