On February 28th, Bloomberg reported former SEC General Counsel David Becker's response to Congressional questions concerning his involvement in the SEC's investigation of Bernard Madoff. SIPC trustee Irving Picard has filed a clawback lawsuit against Becker, who is a co-executor of his mother's estate, which had a Madoff account. Becker claims that the SEC's ethics board did not require him to recuse himself from any Madoff investigation. Response. On March 4th, the Washington Post reported that Representative Darrell Issa, Chairman of the House Oversight Committee, and Senator Charles Grassley, ranking Republican on the Senate Judiciary Committee, are highly critical of the SEC's handling of the matter and are examining whether criminal laws were violated. While critics concede that the SEC's position in support of the SIPC's clawback claims run counter to Becker's personal interest, they emphasize the continued appearance of impropriety. Critics.