S.E.C. Says It Missed Signals on Madoff Fraud Case

[calmdude]

Gets more interesting - here is an excerpt from today's WSJ online : SEC to Probe Its Ties to Madoffs - WSJ.com)

Mr. Madoff's niece, Shana Madoff, married a former SEC attorney named Eric Swanson last year. Mr. Swanson worked at the SEC for 10 years, including as a senior inspections and examination official, before leaving in 2006. Ms. Madoff is a compliance lawyer at the securities firm.
Among Mr. Swanson's duties was supervising the SEC's inspection program in charge of trading oversight at stock exchanges and electronic-trading platforms, according to a press release from Bats Trading Inc., an electronic stock exchange that hired Mr. Swanson as general counsel earlier this year.

[Old Gringo]

Nope...

Nothing to see here, folks.

Move along, everyone.