Full Committee Hearing

Alleged Stanford Financial Group Fraud: Regulatory and Oversight Concerns and the Need for Reform

Date:   Monday, August 17, 2009 Time:   01:30 PM

Open in New Window


The witnesses on Panel I will be: Mr. Craig Nelson, Investor in Stanford Securities, Alabama; Mr. Troy Lillie, Investor in Stanford Securities, Louisiana; Ms. Leyla Wydler, Former Vice President Financial Advisor, Stanford Financial Group; Professor Onnig Dombalagian, George Denegre Professor of Law, Tulane University Law School. The witnesses on Panel II will be Ms. Rose Romero, Regional Director, U.S. Securities and Exchange Commission; and Mr. Daniel M. Sibears, Executive Vice President, Member Regulation Programs, Financial Industry Regulatory Authority (FINRA).


Witness Panel 1

  1. Professor Onnig Dombalagian
    George Denegre Professor of Law
    Tulane University Law School
  2. Mr. Troy Lillie
    Stanford Securities, Louisiana
  3. Mr. Craig Nelson
    Stanford Securities, Alabama
  4. Ms. Leyla Wydler
    Former Vice President Financial Advisor
    Stanford Financial Group

Witness Panel 2

  1. Ms. Rose Romero
    Regional Director
    Fort Worth Regional Office, U.S. Securities and Exchange Commission
  2. Mr. Daniel M. Sibears
    Executive Vice President
    Member Regulation Programs, Financial Industry Regulatory Authority (FINRA)