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inspector general david kotz

Watchdog details SEC's failure to expose Madoff: The US Securities and Exchange Commission missed numerous opportunities to expose Bernard Madoff's giant "Ponzi" scheme because the staff was inexperienced and did not follow up on detailed complaints, a scathing report by the agency's internal watchdog has concluded. In spite of eight specific complaints received over the years that...; Tags: report, SEC, Bernard Madoff; News items 2009-09-02
SEC to be grilled on Madoff scandal: WASHINGTON — The Securities and Exchange Commission heard rumblings about Wall Street money manager Bernard Madoff's investment methods nearly a decade ago. Now a House panel wants to know how, despite those warnings, Mr. Madoff continued to operate without an agency investigation. The Financial Services Committee will question the SEC's...; News items 2009-08-07
Madoff lists assets for SEC but agency mum on details: NEW YORK — Bernard Madoff gave the Securities and Exchange Commission a list of his personal assets Wednesday, but investors may have to wait to learn whether the filing contained any clues as to the whereabouts of their missing billions. The disgraced money manager, now under house arrest, had faced...; News items 2009-08-07