The Wall Street Journal: SEC, FBI join investigation into how Facebook user data was used

The federal investigation into how Facebook Inc. has handled information about its users is getting bigger.

The social-media giant has received questions from the Securities and Exchange Commission and the Federal Bureau of Investigation, according to a person familiar with the matter.

The SEC and FBI join the Justice Department and Federal Trade Commission in probing how the political analytics firm Cambridge Analytica, which aided President Donald Trump’s 2016 presidential election, purchased data on 87 million users of Facebook without their consent.

Facebook FB, +1.56% and Cambridge Analytica officials have provided conflicting accounts of what the social-media giant knew about how the data was going to be used by Cambridge Analytica.

>>> Original Source <<<