SEC Seeks to Break From Its Troubled Past

It is hard to imagine things getting any worse at the Securities and Exchange Commission than they were when the Bernard Madoff and Allen Stanford scandals came to light four years ago, and even some of the agency’s harshest critics now say things have gotten a whole lot better.
“They’re a learning agency now, where they were an anti-knowledge agency,” said independent fraud investigator Harry Markopolos, who testified in 2009 that he “gift-wrapped” the Madoff Ponzi scheme for investigators, only to have his tips virtually ignored. Read CNBC report here.