Proceedings to Examine SIPC Protections Coincide with First Anniversary of Madoff Arrest
Washington, DC – Congressman Paul E. Kanjorski (D-PA), the Chairman of the Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises, today announced that he will convene a third proceeding looking into the $65 billion Ponzi scheme engineered by Mr. Bernard L. Madoff. The hearing will focus on a variety of policy issues involving the Securities Investor Protection Corporation (SIPC) identified as a result of the Madoff [...]