Inside the Madoff investigation
The SEC Inspector General report confirmed what many had been saying: that the SEC had more than enough information to pursue an investigation into Bernard Madoff’s Ponzi scheme years before its collapse. More to the point, some of the red flags were raised by the SEC’s own staff. The unanswered question remains, then, how is it that the SEC did not pursue indications of a multi-billion dollar Ponzi scheme?
Join us for a complimentary webcast, Inside the Madoff Investigation on Tuesday, September 29, 2009 at 11:00am EDT/4:00pm BST with Genevievette Walker-Lightfoot, a former attorney in the SEC’s Office of Compliance Inspections and Examinations and one of the examiners who raised concerns about Madoff’s activities some four years before the collapse. Among the topics she will discuss:
- What raised her suspicions about Madoff’s activities and how her concerns were addressed
- How the organizational and management environment may have influenced decisions with respect to the Madoff investigations
- What reforms might prevent similar failures in the future
- How plans to reorganize the SEC will impact its future interactions with regulated firms.