SEC Immune from Investors’ Suit Over Madoff, Says Appeals Court By Jonathan Stempel | January 29, 2013 Email This Subscribe to Newsletter Email to a friend Facebook Tweet LinkedIn Print Article Article 2 Comments January 29, 2013 at 1:21 pm Agent2 says: Like or Dislike: 0 0Why would we want to hold a regulator accountable for not doing their job? Reply January 29, 2013 at 1:33 pm Retired UW says: Like or Dislike: 0 0I don’t think any court will open a Pandora’s box by waiving federal tort immunity, despite the SEC’s failures. Reply Add a Comment Cancel reply Your email address will not be published. Required fields are marked * Name * Email * Comment ΔNotify me of comments via e-mail
Why would we want to hold a regulator accountable for not doing their job?
I don’t think any court will open a Pandora’s box by waiving federal tort immunity, despite the SEC’s failures.