Letter to the Hon. Jay Clayton, Chairman of the Securities and Exchange Commission, the Hon. Jeff Sessions, Attorney General and the Hon. Maureen Ohlhausen, Acting Chairman of the Federal Trade Commission - Senators Urge Trump Administration to Investigate Equifax Stock Sales Following Massive Data Breach

Letter

Dear Chairman Clayton, Attorney General Sessions, and Acting Chairman Ohlhausen:

We write to request that the Securities and Exchange Commission, the Department of Justice, and the Federal Trade Commission investigate disturbing reports that senior Equifax executives sold more than $1.5 million in Equifax securities within days of a cybersecurity breach that may have compromised the personal information, including Social Security numbers, of as many as 143 million Americans. In addition, there are reports that Equifax "also lost control of an unspecified number of driver's license numbers, along with the credit card numbers for 209,000 consumers and credit dispute documents for 182,000."

As part of your investigations, we request that you conduct a thorough examination of any unusual trading, including any atypical options trading, for violations of insider trading law. To the extent that your investigations uncover any information regarding whether Equifax management employed reasonable measures to ensure the security of the now compromised data prior to this cyber breach, we would appreciate your sharing these details.

We request that you spare no effort in your investigations and in enforcing the law to the fullest extent against anyone who is found to be at fault.

We thank you for your consideration, and we request periodic updates on your progress.

Sincerely,