As if there is a real thing there

After the story of Madoff how is it possible to remain dependent on the SEC as if it is a real entity? What kind of denial is that? And the funny thing is that laws being added to encourage whistle blowers as if there is a thing on which one can count there and you just need to tip them. I can go inside a SEC office shouting in a bullhorn instead of just whistling on the like of this hedge fund guy and nothing would change.     

I personally did not need Madoff's story to know that the SEC is a corrupted entity. I began realizing what the SEC really is starting from 2006 after I sent an email complaining about this same hedge fund guy and my name was revealed to him (In a later case where I sent more complaints, information appeared to reach him that a complaint was sent on him within an hour or two of sending these complaints) . Madoff's story came to build on what I already knew and helped me answer any doubt I had in that SEC corruption affecting me extends beyond the world of low price stocks in which I work.