Senators weigh in on behalf of SEC whistleblower, Gary Aguirre. Aguirre created quite a stir when he alleged that, as an SEC staff attorney, he was encouraged not to pursue an insider trading investigation involving Morgan Stanley CEO John Mack and his connections to hedge fund powerhouse, Pequot Captial. Aguirre was subsequently fired, which lead to the aforementioned whistleblowing.

Now two senators, Arlen Spector (who is increasingly finding his feisty) and Charles Grassley have sent a letter to the SEC on Aguirre's behalf, asking the commission to provide a full accounting of what went down. More on their request, here, via Marketwatch.

-- MDT

Labels: Gary Aguirre, insider trading, John Mack, Morgan Stanley, Pequot Capital