Can the Commission Move Past the Scandals?

The question however remains: Will SEC Enforcement ever move beyond the scandals of the recent past? Since at least the discovery of Bernard Madoff and his unprecedented fraud the Commission and its enforcement program have been mired in one scandal or difficulty after another. This repetition has made the letters “SEC” virtually a household word in middle America. Unfortunately Securities and Exchange Commission is now known for failure and error, not excellence.In response to each recent scandal the agency has been the only thing that it can: Assert that lessons have been learned and that going forward there will be enhanced investor protections. The past is past.

Read more: Can the Commission Move Past the Scandals? — SEC Actions