SEC ‘big gun’ placed on leave

The new lead investigator at the US Securities and Exchange Commission’s watchdog office has been placed on administrative leave after he talked openly about wanting to carry a concealed firearm at work and some employees complained he was a physical threat, according to people familiar with the matter.

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David Weber, who joined the SEC only a few months ago as the new assistant inspector general for investigations, was placed on leave Tuesday after internal security personnel revoked his SEC identification and banned him from entering SEC headquarters in Washington D.C., the people said.

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Chris Mead, an attorney for Weber, said his client is being wrongfully retaliated against. He added he was also dismayed that efforts to invoke a lawful process to carry a firearm could be called a “threat.”