In 2009, the OIG released an exhaustive report on the SEC’s Madoff investigation, and recommended potential disciplinary action against several employees who mishandled the case. But in its most recent audit, the OIG found that “one of the key participants in both the 2005 examination and 2006 investigation of Madoff received a $1,200 cash award in April 2010.”
Read more: SEC Gave Cash Award to Employee Who Bungled Madoff Investigation — POGO
