Financial Crisis Commission Hearing UPDATES: Bear Stearns, SEC Officials Grilled

We've compiled breaking updates of the Financial Crisis Inquiry Commission's hearing today on "the shadow banking system." Today's testimony includes former top Bear Stearns executives Jimmy Cayne and Alan Schwartz; former SEC chairmen William Donaldson and Christopher Cox; and David Kotz, the SEC's inspector general. (You can watch the hearings live on CSPAN here.)

Check back here for regular updates.