July 28, 2009
SEC's Inspector General Says Stanford Hindered Investigation
The Wall St. Journal reports that the SEC's Inspector General (which has issued recent reports sharply critical of the agency) found that the SEC had been actively investigating Allen Stanford since 2005, but its investigation was hindered by Stanford's and his attorney's lack of cooperation. The investigation became more active after Madoff and after DOJ gave the SEC the go-ahead. WSJ, Stanford Hampered SEC Probe.
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