Phillip Cannella News: The Inspector General of the SEC Admits to Phil Cannella That Fraudsters Are Always Ahead of the Government


Phil Cannella – Phillip Cannella News: Phil Cannella manages to uncover shocking details over and over again with his hard-hitting, well thought-out interview questions. This clip from his two-hour interview with H. David Kotz, the then Inspector General of the Securities and Exchange Commission, is no different.

When Phil Cannella asked if the SEC is a reactive organization or a proactive organization when it comes to their attempts to prevent corruption within the securities industry, Kotz first answers by saying that the SEC tries to be proactive by making efforts to meet and talk about emerging technologies and issues.

The more revealing part of his answer, however, came when he went on to admit to Phil Cannella that the fraudsters always seem to be ahead of the government. Somehow, fraudsters and companies that engage in wrongdoing always have more resources and more technology than the Securities and Exchange Commission.

Does it shock you that, in this day and age, our government could let that happen? Tune in, listen to the clip, and tell us your thoughts by commenting below.

Discover more fresh insights and hard-hitting interviews on Phil Cannella’s Crash Proof Retirement Show®.


One thought on “Phillip Cannella News: The Inspector General of the SEC Admits to Phil Cannella That Fraudsters Are Always Ahead of the Government

  • Phil Cannella

    Phil Cannella – Champion of Consumer Advocacy
    With the uncertainty and volatility of the market, Phil Cannella, with First Senior Financial Group, prides himself on ensuring a safe retirement future for senior consumers. With an unparalleled devotion to educating seniors, Phil Cannella works endlessly to know and understand the ever changing tax laws and economic changes that can adversely affect one’s nest egg. Thousands of senior citizens have gone through First Senior Financial Group’s education process and learned how to have up to an 85% tax free retirement income.
    As if that isn’t reason enough to respect Phil Cannella, the truly amazing thing about how he runs First Senior Financial Group is that he never takes a dime from the seniors who come to him to be educated. Everything he teaches and everything he offers comes free of charge. That is the true mark of a consumer advocate, someone who cares enough to help you without asking for anything in return.
    http://www.philcannellaiii.com/

Comments are closed.