Public Admin Essay

Read the case study, “Opportunity Lost: The Story of Bernie Madoff and the Securities Exchange Commission” (Shafritz, Russell, & Borick, 2012, pp. 349-352), and answer the following two questions posed at the end of the case study.

1.     Why did the SEC respond so slowly to tips about Bernie Madoff’s Ponzi scheme?

2.     Will the failure to stop Bernie Madoff lead to major changes in the way the SEC officials do their job?

Construct a 2- to 3-page (in addition to the title and reference pages that you must include) minimum response in essay form that takes into account your synthesis of the case study supported by the module content. In other words, you should reference key concepts from the module with in-text citations to support your answer. APA Format