The US Securities and Exchange Commission (SEC) is being investigated by a key oversight committee of the US House of Representatives for potential violation of the Intergovernmental Personnel Act (IPA), which allows federal regulatory agencies to temporarily hire workers from non-federal government departments. The SEC's hirings of division heads in long-term positions appear to undermine the IPA, according to the Committee Chair James Comer. The SEC's use of the IPA is being scrutinized by the Committee on Oversight and Accountability of the House of Representatives, which has asked the SEC to submit related documents. The SEC's Crypto Assets and Cyber Unit, responsible for protecting investors in crypto markets and from cyber-related threats, has not been mentioned in the investigation.