Bernie Madoff :How could business and regulatory practices be modified to prevent another tragic Ponzi scheme similar to the Madoff affair?

Watch the attached video. Post your answers to the discussion board. https://www.pbs.org/video/frontline-the-madoff-affair/ Explain how the unethical behavior and actions of Bernie Madoff and his associates lead to the bilking investors out of billions of dollars. Who do you hold accountable for the Bernie Madoff affair?

Explain your answer. How could business and regulatory practices be modified to prevent another tragic Ponzi scheme similar to the Madoff affair?

Explain your viewpoints on how the Security Exchange Commission managed the investigations in Bernie Madoff’s investment company. Provide your thoughts and opinions on Bernie Madoff’s jail sentence of 150 years.