SEC blames itself - the report - Initial Private Opinion

SEC blames itself - the report

Sandeep Parekh - Thursday, September 03, 2009 12:35 PM

I wrote this week about the report of the Inspector General of the US regulator SEC severely criticising the workings of the SEC in not uncovering the Bernie Madoff scam. The report is now public and I was impressed that such a self critical report was put up on the main page of the SEC's website. 

Here is the 22 page executive summary of the report. 

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2 Comment

From The SEC Madoff Investigation Report « Prof. Jayanth R. Varma’s Financial Markets Blog

September 6, 2009 3:47 PM

Pingback from  The SEC Madoff Investigation Report « Prof. Jayanth R. Varma’s Financial Markets Blog

From HImanshu

September 15, 2009 10:10 AM
I think such steps go long way in establishing credibility of a regulator in being proactive and willing to learn!

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