Answer: The SEC claimed that they didn't act because they were understaffed and overwhelmed
Explanation:
Markopolos repeatedly informed the U.S. Securities and Exchange Commission (SEC) about Madoff´s massive Ponzi scheme. In 2000, 2001, and 2005 the SEC disregarded his claims or merely gave his evidence a cursory investigation.
The SEC has claimed that at the time they didn't respond properly due to a lack of staff. It´s also believed that some filings were ignored because Markopolos was working for a competitor to Madoff's firm.
What has expressed in the story was it was a consequence of the SEC being understaffed and overpowered. I accept there is substantially more to do with it than that. e is a past leader of Boston Security Analysts Society Inc. On February 11, 2009, the Boston Security Analysts Society respected him with a silver shriek in acknowledgment of his endeavors to uncover Madoff.
1777–1781. The Articles of Confederation served as the written document that established the functions of the national government of the United States after it declared independence from Great Britain.
The correct answers are A. Supreme commander of allied forces in the pacific and B. Supreme commander of NATO forces in Europe. These are the two important military appointments that were given to Eisenhower. Thank you for posting your question. I hope this answer helped you. Let me know if you need more help.
