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Browse: Home / 2009 / January / 08 / Time for a Brief Reality Check in the SEC Bashing

Time for a Brief Reality Check in the SEC Bashing

By Securities Docket on January 8, 2009, 10:40 am

The recent spotlight on Meaghan Cheung, an SEC Enforcement Division branch chief in the SEC’s New York office who signed off on the decision to close a 2006 SEC investigation into Madoff’s operation without taking any enforcement action, just makes it that much clearer: the recent suggestion that the Madoff fraud went uncovered because of a lack of integrity by the people in the Enforcement Division is completely off-the-mark. I explain in detail in a post (click here) on my Enforcement Action blog over at Compliance Week.

Photo: NY Post

Posted in SEC | Tagged Features, Madoff, Regulators

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