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  • Attorneys David Meyer and Matthew Wilson have been selected to the list of Super Lawyers since 2011 and 2015 respectively.

  • Attorney David Meyer is a member of the Million Dollar Advocates Forum, an organization recognizing attorneys who have secured million dollar cases.

  • Martindale-Hubbell® Peer Review Ratings™ has recognized attorney David Meyer as an AV Preeminent® attorney in High Ethical Standing.

  • Attorneys David Meyer and Matthew Wilson have received a 10 out of 10 “Superb” rating on Avvo, calculated based on stringent and exhaustive criteria.

  • Attorney David Meyer was selected as the 2015 Lawyer of the Year for Professional Malpractice Law – Plaintiffs for Columbus, OH by Best Lawyers®.

  • Meyer Wilson was ranked as a Tier 1 Best Law Firm for both Mass Tort Litigation / Class Actions – Plaintiffs and Professional Malpractice Law – Plaintiffs by U.S. News.

  • Attorney David Meyerhas been selected to the list of the Best Lawyers in America® for Mass Tort Litigation / Class Actions – Plaintiffs and Professional Malpractice Law – Plaintiffs every year since 2011.

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.

Need More Information?

Investment misconduct can be complex and confusing. That’s why we’re here to help you. Visit our Common Questions page to find in depth answers directly from our attorneys. Get More Answers
Have You Been a Victim of Investment Fraud?

You trusted your financial advisor with your money, but now you're left wondering what went wrong. If you or a loved one suffered losses because of investment misconduct, Meyer Wilson can step in and fight to recover your losses. The team of investment fraud lawyers at the firm has been helping people like you since 1999 by winning judgments, settlements and verdicts worth hundreds of millions of dollars against brokerage firms, financial advisors and banks.

Get Help With Your Case Now

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