Friday, March 4, 2011

SEC Investigating Former General Counsel Over Parents' Madoff Investments

From Bloomberg, "SEC's Inspector General Is Investigating Former Top Lawyer" by By Jesse Hamilton :
H. David Kotz, inspector general of the U.S. Securities and Exchange Commission, said he is investigating former general counsel David M. Becker’s role in the agency’s Bernard Madoff policies after Becker inherited profits from his parents’ investment with the jailed financier.

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