Friday, January 30, 2009

 

Calls for New Rules After Madoff

There has been increasing support among investment advisors to formalize business practices governing the handling of client assets as a result of Bernard Madoff's alleged Ponzi scheme. Specifically, some are calling for clientassets to be handled by outside custodians. Others say the Securities and Exchange Commission needs to step up its oversight and enforcement...

OnWallStreet: Calls for New Rules After Madoff

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