Reflections on Bernie Madoff and His Lasting Impact on Investors

Baird Vice Chairman John Taft penned a recent column for On Wall Street reflecting on the 10-year anniversary of Bernie Madoff’s arrest for securities fraud and the lasting impact that followed as thousands of investors learned they were victims of one of the largest investment frauds and Ponzi schemes in U.S. history. Taft also discusses the introduction of preventative measures that followed, including his own experience testifying House of Representatives Financial Services Committee in support of heightened protections for individual investors, as well as what we can expect to see in 2019 from the SEC with Regulation Best Interest.

For more of John Taft’s insights, visit his blog “Finance For The Greater Good.”