White-collar crime

Author: Susan Shapiro Sonning Translated by
Publisher:
Publish Date: 2002-01-01
Features: The total market value of stocks held by Americans exceeds 1.5 trillion dollars. Can the U.S. government truly guarantee that this massive investment is free from the threat of fraud? Shapiro reveals how "financial giants"—such as public offering company agents, stock traders, securities brokers, investment advisors, accountants, and lawyers—abuse investors' trust. She faithfully records the investigative strategies of the U.S. Securities and Exchange Commission (SEC). Finally, she proposes several policy recommendations to strengthen the SEC's role as the government's guardian of the securities market. The Yale University White-Collar Crime Research Center has meticulously studied the policy direction of the SEC and its key cases, vividly recreating the various forms of white-collar crimes such as securities fraud.