Confessed swindler Bernard Madoff will have to wait a bit longer to find out how long his prison sentence will be.

He could get up to 150 years for stealing tens of billions of dollars from investment clients through an elaborate scheme of lies.

Madoff Sentencing Delayed

The judge has put off Madoff's sentencing until June 29.

Madoff Sentencing Delayed

Some of Madoff's many victims are expected to speak to the court before the judge pronounces the sentence.

Madoff Sentencing Delayed

Madoff's $65 billion fraud is the largest in U.S. history and it went undetected by U.S. financial regulators for perhaps 20 years.

Thursday, the Securities and Exchange Commission voted to tighten regulations by subjecting investment advisers who hold clients' money to surprise inspections by independent auditors once a year.