Hartford Asked by SEC Why Worst-Performing Investments Aren't Marked Down

"The U.S. Securities and Exchange Commission instructed Hartford to provide more details on $2.1 billion of securities that have traded at less than half of what the company says they’re worth for more than a year. The unrealized loss on these investments, held by Hartford’s life insurance subsidiary, totaled $1.5 billion as of Dec. 31, the SEC said in a letter to the company dated April 13 and disclosed today."