Las víctimas olvidadas de Stanford ahora disponible en español

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Monday, July 14, 2014

Cassidy Advocates for Stanford Victims, Urges Obama to Reform SIPC

Once again an American senator fails to recognise the largest group of victims are NOT Americans but International victims who lost their life savings and should be treated on an equal basis. This fraud was perpetrated by an AMERICAN and allowed to escalate by an American governing body the SEC who failed to protect investors regardless of Nationally. 

Rep Sen Bill Cassidy joined with House Members from across the country to urge the President Barack Obama to nominate individuals to the Securities Investor Protection Corporation Board of Directors who will advocate for investors, not Wall Street.

 SIPC has withheld money from the victims of the Stanford Ponzi Scheme, who has been paid a tiny fraction of their losses. Restoring Americans' confidence to invest and protecting Stanford victims has and will continue to be a top priority.

 “Victims of the Stanford Ponzi Scheme have lost faith in the SIPC. Thousands of Americans lost their financial livelihoods. When they looked to the SIPC for support, they received little to none. President Obama should use this opportunity to appoint board members who will protect investors, not special interest groups. Restoring Americans’ confidence to invest and protecting Stanford victims has and will continue to be a priority.”

To join the debate click here.

For a full and open debate on the Stanford receivership visit the Stanford International Victims Group - SIVG official Forum

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