GAO Accepts Garrett Request to Probe Madoff Trustee, SEC

Rep. Scott Garrett (R-NJ), Chairman of the Financial Services Subcommittee on Capital Markets and Government-Sponsored Enterprises, today announced that the Government Accountability Office (GAO) has accepted his request to conduct a comprehensive evaluation of the actions of the Securities Investor Protection Corporation (SIPC), the trustee in the liquidation of Bernard L. Madoff Investment Securities LLLC (BLMIS), and the Securities and Exchange Commission’s (SEC) involvement and oversight of this major liquidation. Click here for Congressman Garrett’s Press Release.

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