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How Did The SEC Miss Madoff's Scheme?

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How Did The SEC Miss Madoff's Scheme?

Business

How Did The SEC Miss Madoff's Scheme?

How Did The SEC Miss Madoff's Scheme?

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  • <iframe src="https://www.npr.org/player/embed/98273433/98273422" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
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Bernard Madoff bilked hundreds of investors for billions of dollars. Alex Cohen talks to Joel Seligman, SEC historian and president of the University of Rochester, about how Madoff's scam reflects on the SEC and what it can do now.