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Bob commented on the responsibility of the SEC on regulating. Yes it is responsible for that, but not responsible for the money invested, that lies with each individual investor. The concept of individual rigthts also bears with it individual responsibility. There were plenty of investors that passed on Madoff and had the same information as the people who lost. Some just were lucky, but I am sure there were plenty who weren't comfortable with the situation.
By Bryan Slough

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