The Inspector General’s report on the repeated failures to halt the Stanford schemes notes in part that there was a perception on the part of some enforcement staff that there was little interest in bringing Ponzi scheme cases. This rationale …

THE COMMISSION CONTINUES TO FOCUS ON PONZI SCHEMES Read More »

Periodically, there have been calls to merge the SEC and the CFTC. As the market crisis unfolded, for example, former Treasury Secretary Henry Paulson proposed reforms which included merging the SEC and the CFTC. Many commentators thought the Madoff and …

REGULATORY REFORM AND THE MERGER OF THE SEC AND CFTC Read More »