Oversight of the Securities and Exchange Commission's failure to identify the Bernard L. Madoff Ponzi scheme and how to improve SEC performance : hearing before the Committee on Banking, Housing, and Urban Affairs, United States Senate, One Hundred Eleventh Congress, first session ... September 10, 2009.

Oversight of the Securities and Exchange Commission's failure to identify the Bernard L. Madoff Ponzi scheme and how to improve SEC performance: hearing before the Committee on Banking, Housing, and Urban Affairs, United States Senate, One Hundred Eleventh Congress, first session ... September 10, 2009.

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Describes the procedures followed by the SEC Madoff investigation; the report issued; results of the Madoff investigation; details on the final report that describes the Office of Compliance Inspections and Examinations (OCIE) examination process and the numerous ¿lessons learned¿ from its analysis, with specific recommendations to improve OCIE¿s operations; and a report that analyzes ¿lessons learned¿ from the investigations conducted by the SEC¿s Enforcement Div. of Madoff and prescribes concrete recommendations for improvement within Enforcement.