"A republic, if you can keep it." Vegas, taxes.
"A republic, if you can keep it." Vegas, taxes.
As if the SEC could be humiliated any more, another piece of disclosure now highlights that Mary Schapiro’s useless organization was unresponsive to whistleblower overtures by former Moody’s employees attempting to warn the regulator “about Moody’s weak compliance department and…
SEC Inspector General H. David Kotz, who reviewed the agency’s Madoff probes for eight months, said he might propose that staff be required to verify random samples of trading data to ensure money managers are conducting transactions. SEC managers also…
The U.S. Securities and Exchange Commission is “rigorously” investigating whether traders are using technology to manipulate markets, the agency’s enforcement and inspections chiefs said today. The initial reports and investigations into high frequency trading and the like came from financial…
Ex-SEC lawyer: Madoff report misses point An ex-SEC lawyer says their report on how they blew the Madoff investigation focuses too much on staff and too little on supervisors. The SEC inspector general said he was “befuddled” by her remarks.…
SEC never did ‘competent’ Madoff probe says internal watchdog report Bloomberg The U.S. Securities and Exchange Commission never undertook a “thorough and competent” probe of Bernard Madoff amid at least six complaints that he was running a Ponzi scheme, the…