The Washington Post reports that the SEC violated procurement law when it purchased almost US$1 million in computer equipment from Apple in 2008. In a report released last week, the SEC's inspector general said that after the purchase the computer equipment "immediately failed" to work as intended. The report says that the SEC violated federal regulations when it told Apple its budget for one of the orders and failed to seek out any further competitive bids.
The SEC was seeking to purchase updated equipment in order to help meet its expanded duties in