Madoff Ponzi Scheme Means Securities Fraud Charges for SEC Investor Claims Is What We Do - All Day, Every Day
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Madoff Ponzi Scheme Means Securities Fraud Changes for SEC

Although Bernard Madoff didn't invent the Ponzi scheme, he did bring the term "Ponzi scheme" back into the spotlight for millions in the US. The depth and breadth of the Madoff scheme also changed how the US Securities and Exchange Commission (SEC) handles these types of complaints. Let's take a look at how enforcement has changed in a post-Madoff scheme world.

According to the SEC, it will now:

  • Change the way complaints are handled. The SEC plans to revamp its system for handling the massive number of complaints and tips it receives each year. The SEC has now updated its procedures and is planning a new centralized system that will help track and analyze the complaints it receives. The SEC also created an Office of Market Intelligence to help bring complaints and information to the same place for more effective investigation.

  • Work on Insider cooperation. The SEC will now put formal agreements in place with insiders who can offer evidence, which would mean that person could see a reduction in sanctions, and the investigation into potential securities fraud could get started earlier.

  • Keep investors safer. The SEC put rules in place to help protect investors from fraud, including additional exams and reviews for financial advisors.

In addition to these changes, the SEC is also putting in place wide-reaching improvements to their own internal controls, training requirements, recruitment activities, and resources.

The SEC hopes that the results of these new rules and policy changes will mean:

  • More efficient investigations into securities fraud
  • Stronger cases against the people or entities responsible for investment fraud
  • That US investors are better protected

The FINRA lawyers with Meyer Wilson represent investors all over the US who have lost money to stockbroker misconduct, stock scams, and any form of investment fraud in mediation, arbitration, and litigation proceedings. Give us a call to schedule a completely free, no-pressure consultation to talk about how you may be able to recover your investment losses.

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  • More than $350,000,000 Recovered
  • Voted Best Lawyers in America┬« for Ten Years Running
  • David Meyer is President-Elect of Public Investors Advocate Bar Association (PIABA)
  • Over a Thousand Investor Claim Cases Since 1999
  • Exclusive Focus on Investor Claims & Class/Mass Action Lawsuits
  • Deep Bench of Skilled Attorneys and Staff Members

We Recover Investment Losses

Helping You Take Back What Is Yours
  • Jury Verdict Won Against Prudential Securities $262 Million
  • Recovered for 100-Year Old Widow $30 Million
  • Recovered in Retirement Losses $10 Million
  • Recovered for a Large Group of Individual Investors $6.5 Million
  • Recovered for Elderly Victim in Ponzi Scheme Case $3.8 Million
  • Recovered for Elderly Ponzi Scheme Victim $3.2 Million
  • Recovered for More Than 50 Families of Ponzi Scheme in California $3.2 Million
  • Recovered for 35 Families in Northeast Ohio $3.1 Million
  • Losses Recovered for 20 Retirees $3 Million
  • Recovered for Retired Physician Against Major Wall Street Firm Prior to Filing FINRA Arbitration $2.5 Million
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