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SEC Launches Probe Of Ex-Top Atty's Madoff Ties

Law360 (March 4, 2011, 11:08 PM EST) -- The U.S. Securities and Exchange Commission reportedly initiated an investigation into former SEC general counsel David Becker, who is also facing a clawback suit from the Bernard L. Madoff bankruptcy trustee.

SEC Chairwoman Mary Schapiro requested an inspector general review of Becker's involvement with the Madoff bankruptcy and any possible conflicts of interest, the Wall Street Journal reported on Friday.

The agency launched the probe in response to pressure from Republican legislators who have been asking questions about why Becker didn't recuse himself from working on...
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