One of the few people at the Securities and Exchange Commission who took warnings about Bernard L. Madoff seriously and tried to do something about them has been promoted. Michael E. Garrity, 54, has been named head of examinations in the agency’s Boston regional office, where he will oversee efforts in six states to scrutinize mutual funds, brokerage firms, hedge funds, and private-equity firms. His responsibility stretches from Boston, home of mutual-fund giant Fidelity, to Greenwich, Conn., the nation’s hedge-fund capital. The SEC announced the promotion Monday. Read Washington Post report here.
