Topic: David Kotz

SEC watchdog eyes insider trading probe

<div><p>WASHINGTON (Reuters) - The internal watchdog for the U.S. Securities and Exchange Commission is probing whether enforcement staff "committed acts of negligence" in conducting an insider trading investigation.</p><p>Inspector General David Kotz's office said it is looking ...
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SEC told to improve ways it chooses probe targets

<div id="subtitle">SEC watchdog says agency must tighten process for picking which investment advisors to inspect</div><div><p>The Securities and Exchange Commission must tighten its process for deciding which investment advisers to inspect if it is to avoid colossal ...
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Madoff: Had 'too much credibility' with SEC

<div id="subtitle">Madoff says 'too much credibility' helped provide cover for Ponzi scheme, document shows</div><div><p>As Bernard Madoff sat in jail a few months after pleading guilty to fraud, he sounded faintly boastful.</p><p ...
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Madoff to SEC watchdog: Agency held me in awe

<div><p>WASHINGTON (Reuters) - Bernard Madoff believed U.S. Securities and Exchange Commission employees were too dazzled by his stature on Wall Street to properly probe his operations and uncover his massive fraud, documents released on Friday showed.</p><p>According to ...
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