Probe of SEC Watchdog Office Could Revisit Madoff Report
This article is for subscribers only.
Investigations criticizing the Securities and Exchange Commission’s failure to catch the Bernard Madoff and R. Allen Stanford frauds may be thrown into question by allegations of misconduct and conflicts of interest inside the office of the agency’s internal watchdog.
The commission is seeking temporary leadership for the inspector general’s office as the allegations have put the unit into turmoil and sparked inquiries from Congress, people with knowledge of the discussions said.