SEC chief recused from Frist HCA stock sale probe
WASHINGTON (Reuters) – Christopher Cox, chairman of the
U.S. Securities and Exchange Commission, said on Monday he will
recuse himself from any SEC probe of sales of stock in hospital
company HCA Inc. by Senate Majority Leader Bill Frist, to whom
Cox gave a campaign contribution.
Cox’s campaign committee donated $1,000 to Frist’s 2000
re-election campaign, according to Federal Election Commission
records made available by PoliticalMoneyLine, a non-partisan
group that tracks money in politics.
Cox was a long-time congressman from California before
taking over this summer as head of the investor protection