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by jonthepirate 1311 days ago
How could this all happen? Is there no regulation?
2 comments
PKop 1311 days ago
That's like saying why does crime happen, are there no laws?

He broke plenty of regulations by co-mingling customer funds, trading deposits, and it seems just recently flat out stealing.

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throwaway9870 1311 days ago
Regulation can help detect fraud, it might discourage fraud, but it can't prevent it. MF Global, Enron, Maddoff, etc. How long did Maddoff run his little scheme before being caught?
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