SEC Stonewalled Doc Requests In Madoff Row, Atty Says

Law360, New York (September 05, 2013, 3:18 PM ET) -- The U.S. Securities and Exchange Commission has refused to turn over documents allegedly revealing a policy in its New York office against pursuing investment management cases, leading to its failure to uncover Bernard Madoff's Ponzi scheme, according to a whistleblower suit filed Wednesday in New York federal court.

In the suit, senior SEC attorney Kathleen Furey alleges the SEC has failed to produce documents she had requested in a May complaint under the Freedom of Information Act because it knows the records will aid the allegations...
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