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Corporate & Securities Law

: FinancialCounsel

SEC Details Its Post-Madoff Reforms

By James Eccleston

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The Securities and Exchange Commission (SEC) recently highlighted what it has been doing to avoid another Bernard Madoff fraudulent scheme.  While the public awaits a report from the SEC's Office of the Inspector General, determining why the SEC failed to detect the Madoff scheme, the SEC is taking the opportunity to explain its "decisive and comprehensive steps to reduce the chances that such frauds will occur or be undetected in the future."  Let's examine the SEC's publication, "The Securities and Exchange Commission Post-Madoff Reforms" (available on its website).

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Full post as published by FinancialCounsel on September 21, 2009 (boomark / email).

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