Securities Docket News Wire for Jan. 3, 2009

  • Isaac Hunt, SEC commissioner (’96-’02): SEC is “not a 21st century institution,” and living on past glory, which is gone. #
  • Out of the Office? Here’s What You Missed. #
  • Attorney says untangling Madoff’s financials may take years; 500 accountants, attys, researchers; 100s of millions of $. #
  • Prosecutors allege Marc Dreier paid other people “up to $100,000 to engage in one impersonation on a phone call.” #