03/08/2011
https://www.congress.gov...
"Given that failures occurred repeatedly and throughout different part of the Securities and Exchange Commission, can we assume that other similar frauds are likely occurring or have occurred without d..."
"The IG found that the Office of Compliance Inspections and Examinations and the Division of Enforcement at the Securities and Exchange Commission were made aware at least six times that there might be..."
"Investigations were unfocused, understaffed, and improperly documented."
"Unfortunately, that hearing yielded few answers."