Madoff Ponzi scheme : SEC failure and why / Russell B. Turner, editor.

Format:

Book

Contributor:

Turner, Russell B.

United States. Securities and Exchange Commission.

Series:

Financial Institutions and Services

Financial institutions and services

Language:

English

Subjects (All):

Madoff, Bernard L.

Investment advisors--Corrupt practices--United States.

Investment advisors.

Ponzi schemes--United States.

Ponzi schemes.

Physical Description:

1 online resource (372 p.)

Edition:

1st ed.

Place of Publication:

New York : Nova Science Publishers, c2010.

Language Note:

English

Summary:

This title includes a book & CD-ROM. This book contains the fully-indexed text of the SEC investigation of the failure to uncover the Bernard Madoff Ponzi Scheme. The accompanying CD-ROM includes essential backup testimony and related reports.

Contents:

""MADOFF PONZI SCHEME:SEC FAILURE AND WHY""; ""MADOFF PONZI SCHEME:SEC FAILURE AND WHY""; ""CONTENTS""; ""PREFACE""; ""OPENING STATEMENT OF SENATOR RICHARD C.SHELBY, HEARING ON SEC INSPECTOR GENERAL'SREPORT ON MADOFF FRAUD""; ""INVESTIGATION OF FAILURE OF THE SECTO UNCOVER BERNARD MADOFF'S PONZI SCHEMEâ??""; ""EXECUTIVE SUMMARY""; ""End Notes""; ""TESTIMONY OF HARRY MARKOPOLOS, CFA, CFE,BEFORE THE U.S. HOUSE OF REPRESENTATIVESCOMMITTEE ON FINANCIAL SERVICES""; ""INTRODUCTION""; ""PART I. MY CONTACTS WITH THE SEC FROM 2000 â€? 2008""; ""Late 1999 â€? 2000""; ""2001""; ""2002""; ""2003 -2004""

""2005""""2006""; ""2007""; ""2008""; ""Concluding Thoughts""; ""TIMELINE -SEE CHART""; ""PART II. REBUILDING THE SEC""; ""The Current Situation is Dire but Fixable: there is no where to go but up!""; ""The SEC is a Failed Regulator: But it Can�t Remain One""; ""Rebuilding the SEC:""; ""Dramatically Upgrading SEC Employee Qualifications & EducationalBudgets:""; ""Dramatically Upgrading SEC Employee Qualifications & EducationalBudgets:""; ""The SEC Needs to Adopt Industry Compensation Guidelines in Order toCompete:""

""Raise the Enforcement Bar to Incorporate Good Ethics into the SEC�sMission Focus:""""Revamping the Examination Process:""; ""An Alternative Course of Action: Disbanding the SEC""; ""An Alternative Course of Action: Assigning the NYAG & MSD to EnforceLarge, Industry-Wide Cases and let the SEC Conduct the Routine,Paperwork Inspections""; ""Recommendations for the New SEC Chair""; ""TESTIMONY CONCERNING THE SEC�S FAILURETO IDENTIFY THE BERNARD L. MADOFF PONZISCHEME AND HOW TO IMPROVESEC PERFORMANCE""; ""I. INTRODUCTION""; ""II. CURRENT INITIATIVES""; ""The Enforcement Division""

""Office of Compliance Inspections and Examinations""""A. Expertise, Experience and Supervision""; ""The Enforcement Division""; ""The Office of Compliance Inspections and Examinations""; ""Agency-wide""; ""B. Communication and Coordination""; ""Office of Compliance Inspections and Examinations""; ""The Enforcement Division""; ""C. Examination and Investigative Planning and Follow-Through""; ""Office of Compliance Inspections and Examinations""; ""The Enforcement Division""; ""D. Resources""; ""The Enforcement Division""; ""Office of Compliance Inspections and Examinations""

""E. Additional Initiatives to Protect Investors""""III. RECENT ENFORCEMENT EFFORTS""; ""IV. CONCLUSION""; ""End Notes""; ""WRITTEN TESTIMONY OF H. DAVID KOTZINSPECTOR GENERALOF THE SECURITIES AND EXCHANGE COMMISSION,BEFORE THE U.S. SENATE COMMITTEE ON BANKING,HOUSING AND URBAN AFFAIRS""; ""INTRODUCTION""; ""Request to Undertake Madoff Investigation""; ""Commencement of Our Madoff Investigation""; ""Retention of Experts""; ""Testimony and Interviews Conducted in the Madoff Investigation""; ""The OIG�s Investigative Team""; ""Issuance of Comprehensive Report of Investigation""

""Results of the Madoff Investigation""

Notes:

Includes index.

Description based on print version record.

ISBN:

1-61470-200-4