MADOFF COALITION FOR INVESTOR PROTECTION
Dedicated to seeking legislative solutions to the biggest scandal of the 21st Century: not Madoff, but the conduct of the SEC and SIPC in the face of Madoff. The Coalition was formed to educate and protect all American s who dream of retiring on the fruits of their life's labors. Madoff investors have learned, first hand, that there are serious deficiencies in our government's functions. The SEC is utterly incompetent (and unwilling) to protect investors, traditionally acting to protect major corporations against their victims. FINRA is a sham which does more damage than good, because it suggests that investors have some protection against corporate fraud and dishonesty. The fact is that investors have no such protection!
**STATEMENT ON JUDGE LIFLAND'S NET EQUITY RULING**
Most of the videos above are excerpts from a hearing we were able to obtain with the House Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises on December 9, 2009. We thank the committee members for their continued support and the victim/witnesses who testified on our behalf.
Click here to read a follow up letter to Chairman Kanjorski by Helen Davis Chaitman
Click here to read Helen Chaitman’s testimony