On the recordJuly 13, 2009
As I conveyed to you in February, the Madoff fraud is one that the agency tragically did not detect, and not a day goes by that we do not regret that.
Said by
Mary L. Schapiro
Source
congress.govAs I conveyed to you in February, the Madoff fraud is one that the agency tragically did not detect, and not a day goes by that we do not regret that.
Schapiro acknowledges the SEC's failure to detect the Madoff fraud.
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