From the Executive Summary
The OIG investigation did not find evidence that any SEC personnel who worked
on an SEC examination or investigation of Bernard L. Madoff Investment Securities,
LLC (BMIS) had any financial or other inappropriate connection with Bernard Madoff or
the Madoff family that influenced the conduct of their examination or investigatory work.
The OIG also did not find that former SEC Assistant Director Eric Swanson's romantic
relationship with Bernard Madoffs niece, Shana Madoff, influenced the conduct of the
SEC examinations of Madoff and his firm. We also did not find that senior officials at
the SEC directly attempted to influence examinations or investigations of Madoff or the
Madofffirm, nor was there evidence any senior SEC official interfered with the staffs
ability to perform its work.
Source; U.S. Securities and Exchange Commission
Download full pdf report | Download Executive Summary (pdf)
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