The Bernie Madoff scandal has intensified efforts to hold investment advisers more accountable for their clients’ interests, as the Obama administration considers an overhaul of financial regulation.

Madoff was an investment adviser with a fiduciary duty to act on behalf of his clients and a broker-dealer, subject to oversight by the Financial Industry Regulatory Authority and the Securities and Exchange Commission.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]