March
2010
Wednesday, July 15, 2009
Zachary A. Goldfarb, Washington Post

SEC Upsets Some as It Tries to Sharpen Teeth

The Securities and Exchange Commission has begun moving far faster to stop financial scams and open investigations into potential wrongdoing than in the past, in an effort to restructure after heavy criticism for it's failure to uncover Bernie Madoff's fraud.

Since Mary Schapiro became chairman in January, for instance, the SEC has launched nearly as many formal investigations as it did in any of the past five years.

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Posted by Editor on 07/15/09 at 06:28 AM •  (0) Comments

Tags:  banking, sec, bernie madoff, madoff,

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