Posted inRegulatory Enforcement

Wisdom of Corporate Compliance, Even in Government

This past October, two victims of Bernard Madoff’s Ponzi scheme filed a lawsuit against the Securities and Exchange Commission. Their complaint: shoddy oversight and controls at the SEC let Madoff continue his fraud for years, despite numerous warnings and tips. They’re not the only unhappy ones out there. After the Madoff debacle, the SEC announced […]

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