Harry Markopolos “Group” Receiving $100 Million From SEC Is A Sign Of Success

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Mark Melin
Published on
Updated on

When Harry Markopolos initially provided the US Securities and Exchange Commission a then ignored tip about the “politically powerful” Bernie Madoff and his Ponzi scheme, he might have thought that his forensic accounting background and industry insider status would have been considered. After all, those deep inside the financial services industry are typically the best to understand how the system works behind the scenes – and where the dead bodies of Wall Street’s questionable behavior lie. Unfortunately for Madoff investors, prior to 2011 it can be documented a wide-range of market damaging behavior was occurring mostly unchecked. Markopolos was the spark…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.