Programming Note

We'll be covering the Made-off finger pointing from gavel to gavel starting at 2pm EST. Ode to the SEC pillorying liveblog....

In the wake of the Bernard Madoff investment firm scandal, which allegedly defrauded investors of $50 billion, the House Financial Services Cmte. holds a hearing looking into SEC oversight. Rep. Paul Kanjorski (D-PA) said the purpose of the hearing is to create "comprehensive regulatory reform."

From The House [CSPAN]