Historical fraud by Bernard Madoff

Using Madoff's financial crime event: -Compare the selected event to the legislation enacted in reaction to it (the wrongdoing) (e.g., Sarbanes Oxley after Enron, Dodd Frank after the subprime mortgage crisis, etc.) Identify any enforcement tools that were provided to the SEC, DOJ and/or other law enforcement to help bring wrongdoers to justice. -Explain how the legislation reduced the prospect of such misconduct occurring again in the future or, alternatively, if the legislation missed the mark and, if so, why. -Argue whether the legislation enacted damaged the objective of promoting capital formation, economic development or other economic interests.