The SEC disciplines 7 employees and an 8th quits before possibly receiving the axe over their...

|By:, SA News Editor

The SEC disciplines 7 employees and an 8th quits before possibly receiving the axe over their questionable handling of the Bernie Madoff matter. The punishments include suspensions, pay cuts, and demotions, but suffice it to say it's minor stuff compared to what happened on their watch and a far better shake than if they had jobs in the private sector.