What kind of due diligence did the feeder funds do? Starting in 2001, Harry Markopolos alerted SEC three times to the likelihood that Bernard Madoff was running a Ponzi scheme. Why do you think the SEC didn't act on this information until 2006?

What was the final straw that uncovered the Madoff Ponzi Scheme?

Ultimately, who do you think was responsible for the losses incurred by investors?

Do you think the US government should offset the losses incurred by investors with Madoff?

What actions should the US government take to minimize chances of other Ponzi schemes taking place?

Answer rating: 100% (QA)

Feeder Funds Due Diligence Feeder funds are investment vehicles that pool investor money and then invest it with a primary fund or manager The due diligence conducted by feeder funds typically involve... View the full answer