07/08/2009 05:12 am ET Updated May 25, 2011

Madoff Whistleblower Markopolos Blasts SEC But Praises New Chair Schapiro

Chartered financial analyst Harry Markopolos spent 10 years unsuccessfully trying to convince the Securities & Exchange Commission to investigate Bernie Madoff. Now that Madoff's $65 billion Ponzi scheme has been revealed as the biggest fraud in U.S. investing history, Markopolos is pushing for dramatic changes at the SEC, which oversees the brokerage and investment industries.

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