SEC official: agency did not detect Madoff fraud (Reuters)

Posted by admin on January 28, 2009 under News | Be the First to Comment

SEC official: agency did not detect Madoff fraud (Reuters)

Disgraced financier Bernard Madoff is escorted by police and photographed by the media as he departs U.S. Federal Court after a hearing in New York, January 5, 2009. (Lucas Jackson/Reuters)Reuters – The Securities and Exchange Commission did not examine the advisory operations of accused financial swindler Bernard Madoff despite the firm registering in September of 2006, a top SEC official told lawmakers on Tuesday.


Add A Comment

home top