Yes Bernie madoff wrote the rules that allow hedge funds to scam by selling shares without having to locate them . Which happened here in abundance a few years back. Thanks for reminding me
The question you posed was "they don't issue warrants for innocent people do they". Just because Enron and Bernie were convicted after a warrant was issued are you saying that warrants are issued from the SEC and all of them are found guilty? Explain the 48% losses in trials please?