Watchdog: SEC could owe millions over lease deal

The U.S. Securities and Exchange Commission faces a $94 million claim after it backed out of a bungled deal to lease office space in Washington, D.C.

SEC Inspector General David Kotz said in a report issued publicly on Tuesday that the SEC made numerous mistakes in securing roughly 900,000 square feet of space in the newly renovated “Constitution Center” building on 7th St SW.

Read more: Watchdog: SEC could owe millions over lease deal — Reuters