Today’s SEC is not the same agency that failed to protect investors in the years leading up to the Great Recession, according to Andrew Ceresney, director of the commission’s Division of Enforcement.
In an exclusive interview with Financial Planning, Ceresney spoke of how the SEC’s enforcement capabilities have evolved since the financial crisis, which threatened large banking institutions, caused millions to be evicted from their homes, wiped out trillions of dollars in consumer wealth and uncovered Bernie Madoff’s massive Ponzi scheme.
via What’s next in the crosshairs for SEC enforcement chief? | Financial Planning