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SEC Sued Over Failure To Disclose Post-Madoff Reforms

Newscom / HRC

Last month, a different good-government group, the Project On Government Oversight, did manage to get some Madoff-related records out of the SEC. As we reported at the time, those documents showed that the agency has yet to institute many of the reforms recommended by its internal watchdog after the Madoff scandal.

Regular TPMMuckraker readers will remember that we've been closely following just what went wrong with the SEC's oversight of Madoff and what the commission plans to do about it.