Weaknesses of the sec, After doing some outside research,

Weaknesses of the sec

Reference no: EM13955746

Bernie Madoff committed the largest fraudulent Ponzi scheme in American history. He may have gotten away with it if it weren't for a private financial analyst named Harry Markopolos who discovered the illegal scheme. The Securities and Exchange Commission has been largely blamed for not having prevented or detected the Madoff scheme sooner. After doing some outside research, discuss what you believe were some of the weaknesses of the SEC that prevented earlier detection of Madoff's actions. What improvements have been made to the SEC since 2009?

Reference no: EM13955746

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