Bernie madoff committed the largest fraudulent ponzi scheme, Ask an Expert

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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?

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Accounting Basics, Accounting

Category:- Accounting Basics
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