SEC’s Inspector General Is Investigating Former Top Lawyer
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H. David Kotz, inspector general of the U.S. Securities and Exchange Commission, said he is investigating former general counsel David M. Becker’s role in the agency’s Bernard Madoff policies after Becker inherited profits from his parents’ investment with the jailed financier.
Kotz said in an e-mail today that he was probing the matter, which also has been the subject of inquiries to the SEC from Republican lawmakers.