Madoff Settles One

摘要

Things are hopping over at the SEC. On Feb. 9 the commission cut a deal with Bernard Madoff. As is common, he neither admitted nor denied wrongdoing but did agree not to contest the SEC's charges that he ran a gargantuan Ponzi scheme. A monetary penalty will be negotiated, and Madoff still faces criminal prosecution. On Feb. 11, Massachusetts Secretary of State William Galvin alleged that Madoff's wife withdrew $15.5 million from a brokerage account in the days