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6 unusual facts about Shana Madoff


Eric Swanson

Swanson is married to Shana Madoff, who worked at the firm of her uncle Bernard Madoff as a rules and compliance officer and attorney until it was closed when the multi-billion-dollar Madoff investment scandal was uncovered.

H. David Kotz

He also investigated whether the romantic relationship between Eric Swanson, the SEC Assistant Director of the Office of Compliance Inspections and Examinations, and Bernie Madoff's niece and in-house compliance attorney Shana Madoff, whom Swanson met in 2003 while he was investigating her uncle Bernie and his firm for running a Ponzi scheme, influenced the SEC's closing of the Madoff investigation.

Securities Industry Association

Shana Madoff -- served on the Executive Committee of the Compliance & Legal Division of the Securities Industry Association.

Shana Madoff

In March 2004, SEC lawyer Genevievette Walker-Lightfoot was reviewing Madoff's firm and raised questions to Swanson (who was her boss's supervisor) about unusual trading at one the Madoff funds; she was told to instead concentrate on an unrelated matter.

She also served on compliance Executive Committees of the Securities Industry Association and the Securities Industry and Financial Markets Association (SIFMA), and served on the compliance advisory committee of the Financial Industry Regulatory Authority (FINRA), a securities industry "self-regulatory organization".

Woodbury, Nassau County, New York

Shana Madoff, compliance officer and attorney at securities firm of Ponzi schemer Bernard Madoff



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