Madoff Ponzi Scheme Prompts Calls to Regulate Financial Planners
Stricter Oversight of Money Managers. In the wake of the Bernard Madoff Ponzi scheme debacle, a group of financial planning organizations is calling for stricter oversight of money managers. The coalition, made up of the National Association of Personal Financial Advisors, the Financial Planning Association and the Certified … [Read more...] about Madoff Ponzi Scheme Prompts Calls to Regulate Financial Planners
Bernard Madoff Ponzi Scheme Linked to SEC Official’s Departure
Madoff Scandal May Have Played a Role. The Bernard Madoff scandal may have played a role in the coming departure of a key Securities and Exchange Commission (SEC) official. According to Bloomberg.com, Lori Richards, director of the SEC's Office of Compliance Inspections and Examinations, was widely criticized for missing warning … [Read more...] about Bernard Madoff Ponzi Scheme Linked to SEC Official’s Departure
