CNBC: SEC and Justice Department reportedly investigating SVB’s collapse, including insider stock sales

CNBC: SEC and Justice Department reportedly investigating SVB’s collapse, including insider stock sales. “The Securities and Exchange Commission and the Justice Department are investigating how Silicon Valley Bank became the second largest bank failure in U.S. history, the Wall Street Journal reported Tuesday. The probes, which are separate and in preliminary phases, include looking into stock sales that SVB executives’ conducted ahead of the tech-focused bank’s collapse, the Journal reported, citing people familiar with the matter.”