The FBI tracked down this man who may be another glaring example of the failures of the Security and Exchange Commission that has cost people a lot of money. Maybe if the SEC folks had invested with people like Standford of Bernie Madoff they might have paid closer attention. By DEVLIN BARRETT Associated Press WASHINGTON…
The Securities Exchange Commission has been shamed by the Bernie Madoff case. Lots of changes need to be made so this can’t happen again. Here’s one big one. By KARA SCANNELL The Wall Street Journal Former federal prosecutor Robert Khuzami will be named the new head of enforcement at the Securities and Exchange Commission as…
The civil case may be settled, but many are still waiting for the criminal case and for Bernie Madoff to head off to prison. By CBS and Associated Press The Securities and Exchange Commission on Monday announced an agreement with disgraced money manager Bernard Madoff that could eventually force him to pay a civil fine…
