A recent series of court decisions blurred the distinction between legal and illegal insider trading. These decisions will ultimately lead to worse outcomes for those charged with insider trading violations. What is insider trading? This conduct occurs when a person with access to non-public, material information takes that information and uses it to either buy…
Tag: White-Collar Crime
Is there an Under-Criminalization of White-Collar Crimes in the United States?
The number of federal white-collar criminal prosecutions in fiscal year 2015 will be approximately 37 percent lower than the number of prosecutions in 1995.1 In a paper published in November 2015, Rena I. Steinzor, a law professor and Center for Progressive Reform scholar, contends that “we have an under-criminalization [of white-collar crimes] problem” in the United…