Madoff continues to haunt SEC in Hill hearing on budget request

Three years after he was sent to prison, con man Bernard Madoff continues to haunt the Securities and Exchange Commission. The agency says it needs a bigger a budget to police the financial world and protect investors. But some members of Congress cite the SEC’s failure to stop Madoff as one in a series of reasons to think twice before trusting the agency with more money. Read more in the Washington Post here.

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