Another black eye for the SEC: The agency’s top lawyer, David Becker, and his brothers inherited more than $1.5 million from their mother that she had earned in Bernie Madoff’s Ponzi scheme. The trustee overseeing the case, Irving Picard, has demanded Becker return the money. “This is about my parents' investments. I had nothing to do with my parents' investments," Becker tells the New York Post. He is leaving the SEC next week for a private-sector job.
Read it at New York Post
