So, if Congress really wants to secure our financial borders properly, it needs to wake up and support the SEC. There are enough banks out there willing to gamble with our economic future without our politicians aiding it too. In fact, even the Madoff whistleblower Harry Markopolos, one of the biggest critics of the SEC, has acknowledged that he is impressed by the changes at the agency.
If Markopolos can be impressed, the rest of us should be too.
Author Bio: Sanjay Sanghoee is the author of ‘Merger’, a financial thriller published by Forge Books/St. Martin’s Press, and a blogger for the Huffington Post. He has worked at leading investment banks and hedge funds and has an MBA from Columbia Business School. Sanjay currently sits on the Board of a mid-market Hispanic radio station group.