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Wednesday, 08/11/2021 7:07:11 PM

Wednesday, August 11, 2021 7:07:11 PM

Post# of 141026
Long read,about past SEC sins, here's a small section

Having read the IG Report and its litany of missed opportunities, it is clear that no one can or should defend, excuse, or deflect responsibility for the SEC's handling of the Madoff matter. Stated simply, in this case we failed in our fundamental mission to protect investors, and we must continue vigorously to reform the way we operate. We have read letters from harmed investors that were filed with the court in connection with Madoff's sentencing. It is a sobering and humbling experience.

the whole story

https://www.sec.gov/news/testimony/2009/ts091009rk-jw.htm

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