My sense is it clearly didn't in this case.
So in this case, in the case of Madoff, my understanding was when he became an investment advisor, didn't he use the inv...
Isn't that in and of itself another red flag that should have said, hey, is this guy doing this all out of the his good ...
I would think that actually the Enforcement Division's location in the greater Washington area is still a pretty good pl...
And there was no--from your investigators, there was no skepticism about it? There was no red flag? They accepted that a...
One of the questions, and I know that Senator Shelby and Senator Schumer have talked about additional resources.
If we had perhaps had all four of those as criteria, might that have led to a more thorough analysis, not just in this f...
I think you hear the Committee's enormous concern and frustration with how this enormous fraud went undetected for so lo...
I hope we have lots of time for questions, because I have got lots of questions.
But are you saying--because I hope you are not saying that if you have somebody in looking at a broker dealer and they t...
Absolutely. We often, in our examinations, investigations of broker dealers, take our jurisdiction as far as it can go, ...