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Report: Federal probe of Facebook involves SEC

Facebook CEO Mark Zuckerberg with hand on his heart
Facebook CEO Mark Zuckerberg. Photo: Josh Edelson/AFP/Getty Images

The federal government's investigation of Facebook's misuse of user information with the data company Cambridge Analytica, already underway at both the Department of Justice and the Federal Trade Commission, also involves the Securities and Exchange Commission, according to the Washington Post.

Why it matters: Although the Post story does not specify the SEC's focus, the commission could be looking at whether Facebook improperly withheld information from investors about its relationship with Cambridge Analytica.