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Defining and Executing Systematic, Risk-Based Third-Party Due Diligence for FCPA Compliance
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Access Management: Efficiency, Confidence, Control
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Enforcement Action

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“Enforcement Action” is written by Bruce Carton, a former senior counsel in the SEC's Division of Enforcement. A “blawg pioneer” (according to The Wall Street Journal), Carton was the creator of Securities Litigation Watch, a blog that he wrote for more than three years while he was vice president of ISS' Securities Class Action Services. He is now editor of Securities Docket, an online publication that tracks securities litigation and enforcement developments on a global basis. Carton welcomes questions, comments and statements from readers on enforcement and litigation issues; he can be reached via email at BCarton@complianceweek.com.

 

November 3, 2009

Madoff Report Exhibit List: Now in Usable Form!

Late on Friday night, the SEC published an exhibit list to the Inspector General’s Madoff report that was essentially useless. The document was simply a laundry list of exhibit numbers with no summary or description of any kind, meaning that a user would need to click on each and every link to see what “Exhibit 433″ or some other link might be.

After some justifiable grumbling about this from interested people such as Michelle Leder of Footnoted.org, the IG’s office has taken it upon itself to solve the problem. As Leder points out here, there is now a link on the SEC IG’s website to a list of the 536 newly-available documents that includes a description of each document.

In Leder’s original post pointing out the problem, she notes that

Over the weekend, I asked the SEC why they chose to release the information this way and didn’t exactly get a good response. In a nutshell, the folks at the SEC blamed the OIG’s office for the Friday night dump and David Kotz, whom I spoke to this morning, said it was the SEC’s decision. “To be honest, I’m surprised that they did this on a regular Friday, instead of waiting for a holiday Friday to put this out,” Kotz told me a short time ago.

The full document from the IG’s website can also be viewed below:

Public Exhibit List

Posted by: bcarton @ 4:07 pm

Filed under: Uncategorized

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