Following last week’s release of the SEC IG’s Madoff report, the U.S. Senate Banking Committee has announced that on Thursday, September 10, 2009, it will hold a blockbuster hearing concerning “Oversight of the SEC’s Failure to Identify the Bernard L. Madoff Ponzi Scheme and How to Improve SEC Performance.” The witnesses currently on the panel are:
- H. David Kotz, Esq., Inspector General of the U.S. Securities and Exchange Commission;
- Mr. Harry Markopolos, Chartered Financial Analyst and Certified Fraud Examiner;
- Mr. Barry Minkow, Co-Founder, Fraud Discovery Institute; and
- Robert Khuzami, Esq., Director of the Division of Enforcement, U.S. Securities and Exchange Commission.