Linda Chatman Thomsen announced Monday she will leave the agency, less than a week after members of the House Financial Service committee lambasted her over the SEC's bungling of the Madoff affair and for appearing uncooperative during a hearing on the matter.
New SEC Chairman Mary Shapiro has promised to overhaul the agency's enforcement efforts in light of the Madoff scandal, which erupted in December. At a speech in Washington Friday, she said the SEC would do some "serious self-evaluation."
Who regulates the regulator?