SEC Responds To Sen. Ed Markey On Herbalife Ltd. (HLF)

The Securities and Exchange Commission’s letter to Sen. Ed Markey regarding Herbalife Ltd. (NYSE:HLF) is pretty scant on answers. Regulators basically said that they don’t disclose information about whether they have investigated or are currently investigating a company on suspicions of being a pyramid scheme. Then they go into the guidelines for what a pyramid scheme is, which officials have already provided online in other places. Herbalife questions left unanswered In his letter, Markey called attention to how Herbalife Ltd. (NYSE:HLF) management’s questions regarding the number of sales which are outside their network have changed. The SEC again reiterated his position…