Foundation for Economic Education » SEC to Step Up Fraud Prevention Efforts

SEC to Step Up Fraud Prevention Efforts

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“The Securities and Exchange Commission lost credibility when it emerged that a tipster had been trying to blow the whistle on Madoff for years but had been brushed off repeatedly. Since Madoff’s case came to light, the agency has announced a series of changes it hopes will improve enforcement, making it easier to detect and root out fraud before it approaches this massive scale.” (Washington Times ^[1], Monday)

How much government will it take to “root out” fraud?

FEE (Instant) Classic:
Regulation Will Stop Future Madoffs? It Just Ain’t So! ^[2] by Chidem Kurdas

Article printed from Foundation for Economic Education: http://www.fee.org

URL to article: http://www.fee.org/articles/in-brief/sec-step-fraud-prevention-efforts/

URLs in this post:

[1] Washington Times: http://www.washingtontimes.com/news/2009/jul/06/sec-plots-better-oversight-of-fraud/

[2] Regulation Will Stop Future Madoffs? It Just Ain’t So!: http://www.thefreemanonline.org/departments/it-just-aint-so/regulation-will-stop-future-madoffs-it-just-aint-so/

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