• Best Practices: Regulation in the Wake of Madoff What We Can Expect From the Government and How Companies Can Respond
  • June 11, 2009 | Author: Barry I. Slotnick
  • Law Firm: Buchanan Ingersoll & Rooney PC - New York Office
  • This is not the first time, even in recent history, that the regulatory machine of the federal government has been shocked into action. Following the collapse of Enron, U.S. political authorities intervened with Sarbanes-Oxley legislation. The proliferation of Ponzi schemes, combined with the fall of banking and financial institutions, may prompt the greatest regulatory reform since the Great Depression.