In May 2017, Kushner Companies received a subpoena from the commission concerning the program known as EB-5, which allows foreign nationals to obtain green cards if they invest at least $500,000 in a US development project that would create jobs, The Wall Street Journal said.
READ MORE: Trump Exceeded Powers by Signing Immigration Act — US Court of Appeals
The newspaper specified that the nature of the SEC's probe is yet unclear. The investigation is reportedly conducted in collaboration with the federal prosecutors from the Brooklyn US attorney’s office.
Kushner, who is married to Trump’s daughter Ivanka, had been running the family business before the 2016 presidential election, but to avoid potential conflicts he resigned and has sold his stake in some projects and assets.