SEC Aligns with DOGE for Enhanced Government Efficiency

The U.S. Securities and Exchange Commission is collaborating with Elon Musk's Department of Government Efficiency (DOGE) to enhance operational efficiency. SEC staff will liaise with DOGE under strict ethical and IT security protocols. DOGE expects to access SEC's nonpublic data, ensuring cooperative but secure information handling.

The U.S. Securities and Exchange Commission (SEC) is aligning with Elon Musk's Department of Government Efficiency (DOGE) to initiate an efficient collaboration, according to a department email. This noteworthy partnership will classify DOGE officials as SEC staff, granting them access to vital networks, systems, and data under established ethical frameworks.

The SEC has cited its intent to afford the DOGE team necessary collaboration, adhering to standard processes for ethics and IT security. A spokesperson for the SEC endorsed this cooperative initiative, emphasizing structured interactions subject to IT and ethical checks. DOGE, however, has yet to respond with their own comments.

Considering its role as the nation's leading markets regulator, the SEC holds substantial confidential information across financial sectors. While DOGE officials plan to operate through a liaison team, SEC staff have been advised to exercise caution and gather information before sharing or responding directly to DOGE inquiries.

(With inputs from agencies.)