SEC bans employees from Washington office after virus scare

WASHINGTON — Securities and Exchange Commission employees have been told to work remotely for the foreseeable future after a coronavirus scare at the agency's Washington headquarters.

The agency, which oversees the financial markets, said it was informed Monday afternoon that a headquarters employee had received medical treatment for respiratory symptoms earlier in the day.

The employee, who was not identified, was informed by a doctor that they may have been infected with the coronavirus and was referred for testing, the SEC said in a statement.

Among other precautions, the agency "is encouraging headquarters employees to telework until further guidance,” it said.

The SEC is the first major federal agency to employ teleworking in an effort to contain the virus' spread.

It said the scattering of headquarters employees to work from their homes or other remote locations will not affect operations.

"Even with increased telework, the SEC remains able and committed to fully executing its mission on behalf of investors, including monitoring market function and working closely with other regulators and market participants,” said the agency.

The SEC is a leading regulator of financial markets, which have suffered steep declines as the virus has spread around the world.

Related News

UN reports rise in Afghan war deaths, blames...

Jul 17, 2017

A U.N. report says Afghanistan's protracted war killed a record number of civilians during the...

Taliban suicide car bombing in Kabul kills 24...

Jul 24, 2017

Taliban suicide car bombing targets minibus with Afghan government employees, killing 24

Officials: Afghan children smuggled to Pakistan...

Jul 31, 2017

Afghan officials: Children illegally being taken to religious seminaries in Pakistan to be taught...

The Latest: Afghanistan says 2 Iraq embassy staff...

Jul 31, 2017

Afghanistan's Interior Ministry spokesman Najib Danish has said that two Afghan employees died in...

IS targets Iraq Embassy in Kabul; all 4 attackers...

Jul 31, 2017

IS suicide bombing targets Iraq Embassy in Kabul; hours-long gunbattle ends hours later with all 4...

Watchdog: Tight security hinders oversight of US...

Aug 1, 2017

The U.S. watchdog tasked with overseeing the spending of U.S. aid to Afghanistan said unprecedented...

About Us

Buzzing Globe explores the numerous events which causes a “buzz” to the everyday individual and to shed light onto these events.

Subscribe Now!