SEC Inquiry on Info-Sharing on Wall St.

The WSJ follows up on a story the NY Times broke yesterday -- that the SEC is investigating a dozen Wall St. firms for providing favored customers with information about big trades.  Mutual funds have complained that confidential information about their trades were leaked.  The article quotes Lori Richards, director of the SEC's office of Compliance, Inspections, and Examinations:  the agency is looking at the "passage of information from one firm to another," and that "It's just fact-finding at this point."  See WSJ, SEC Boosts Probe for Wall Street Leaks.