In relation to the Bernie Madoff scandal, would U.S. finance regulations have had more chance of identifying the specified fraud if section 2 and section 4 of the US Corporate Governance Act had been enacted ahead of 2006, notwithstanding the proposed amendments by the United States Securities And Exchange Commission?
in the big picture, it really wouldn't have made a difference. bernie madoff was just one of many, many, many people, engaging in very typical and normal behavior: trying to get and keep as much money as possible, using any means necessary.