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“One would almost think that the SEC’s top leadership was going out of its way to drive good people out of the SEC and destroy the morale of those who stay,” Markopolos said in prepared remarks. As for FINRA, suffice it to say that Markopolos didn’t push the Madoff case on the agency because he felt Madoff had too many ties to the organization.
FINRA is “a corrupt organization” looking to protect its members, he said.
