Gasparino: The SEC Eyeing BofA and Wikileaks (BAC)

Charlie Gasparino is reporting this afternoon on Fox Business Network that the Securities and Exchange Commission is “keeping a close eye on Bank of America's (NYSE: BAC) Wikileaks dilemma to determine whether anything that the info-leaking website might release should have already been turned over to regulators who have conducted numerous investigations into the bank's activities.”

Mr Gasparino noted that, “People at Bank of America are treating the possibility of a Wikileak document dump seriously; as first reported by FOX Business, the nation's largest bank has set up a war room and assembled a S.W.A.T. team of lawyers and company officials to deal with the matter if it should arise.”

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