Reg­u­la­tor ar­rested, ac­cused of ly­ing about his own stocks

The Washington Times Daily - - Business -

NEW YORK | A Se­cu­ri­ties and Ex­change Com­mis­sion em­ployee re­spon­si­ble for en­sur­ing oth­ers com­ply with the na­tion’s se­cu­ri­ties laws was ar­rested on charges that he made false state­ments to the agency about stocks he owned. Steven Gilchrist, 48, of Beth­page, N.Y., was re­leased on his own re­cog­ni­zance af­ter an ap­pear­ance in U.S. Dis­trict Court in Man­hat­tan.

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