Grassley inquiry uncovers SEC porn use - KWWL - Eastern Iowa Breaking News, Weather, Closings

Grassley inquiry uncovers SEC porn use

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WASHINGTON (AP) -- An agency watchdog says senior employees of the Securities and Exchange Commission spent hours surfing pornographic websites on government-issued computers while they were being paid to police the financial system.

SEC Inspector General David Kotz says in a memo obtained by The Associated Press that the behavior violates agency and government-wide ethics rules.

The memo reports 33 violations in the past five years -- 31 of which took place in the two and a half years since the financial system teetered and nearly crashed.

It says one supervisory accountant looked at pornographic websites about twice a day and saved images on his SEC computer to view during work hours.

The memo is a response to an earlier request by Republican Sen. Charles Grassley of Iowa.

(Copyright 2010 by The Associated Press. All Rights Reserved.)

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