Why are so few senior executives prosecuted and meanwhile Eric Wanger’s career is destroyed?”<br />The number of cases that go through the S. E.C.’s internal court has increased in recent years, at the direction of Congress in the Dodd-Frank<br />financial reform act, which authorizes the commission to bring almost any case before its own judges rather than those in federal courts.<br />E.C., AltiGen said Mr. Wanger had failed to file certain stock ownership forms on time the previous<br />year; the company also said it would not nominate him for re-election to the board.<br />Over nearly three years, they said, Mr. Wanger made 15 improper trades for a fund he oversaw at his Chicago firm, Wanger Investment Management.<br />Years after Mr. Wanger settled his case, the S. E.C.<br />Mr. Wanger, who now calls himself the $2,200 Man on a website he has created, said his experience<br />with the S. E.C.’s in-house court system did not feel like he was in America.
