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Jaffe and Cohmad ‘reckless,’ SEC says

Agency drops more serious complaints in Madoff inquiry

Robert Jaffe says he was misled by Madoff, too. Robert Jaffe says he was misled by Madoff, too.
By Beth Healy
Globe Staff / November 2, 2010

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Federal securities regulators yesterday settled charges with Boston broker Robert Jaffe and Cohmad Securities Corp. alleging that they were reckless and failed in their duty to protect investors when they urged clients to entrust more than $1 billion to swindler Bernard Madoff. (Full article: 674 words)

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