One response to “Congress to open inquiry on SEC’s failure to pursue case against Madoff”

  1. Its about time the SEC/CFTC had some responsibility for these undetected crimes. They cant seem to do anything and are paper tigers to go after anyone who flees the USA. They say thats not our department, and by the time its handed over to the FBI etc the guy is gone, and doing the fraud again somewhere else.
    The bottom line is protect yourself and your money as the Govt. agencies are inept!