A third of senior officials at the Federal Trade Commission owned or traded stocks in companies that were undergoing a merger review or investigation by the agency, The Wall Street Journal found
The top watchdog of American business is also home to Washington’s most active Wall Street investors.
The Federal Trade Commission in recent years has opened investigations into nearly every major industry. It has launched antitrust probes into technology companies, examined credit card firms and moved to restrict drug, energy and defense-company mergers.
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