Bernard Madoff whistle-blower Harry Markopolos yesterday said the US Securities and Exchange Commission was taking steps to become more effective in the wake of the massive fraud, but those steps were “evolutionary, not revolutionary.’’

Speaking at a conference on ethics hosted by Suffolk University’s Sawyer Business School, Markopolos was kinder than usual to the federal regulators he has accused of falling down on the job — some of whom were sitting in the room.

Boston Globe, April 2, 2010