The line between civil and criminal violations of the securities laws is, at best, difficult to discern. That difficulty is compounded by the increasing criminalization of the federal securities laws. In some instances, this had led to overreaching by prosecutors …

SHIFTING THEORIES OF CRIMINAL LIABILITY SHOULD RAISE RED FLAGS Read More »

This week the SEC proposed new rules regarding asset backed securities while Chairman Mary Schapiro, in an op-ed article in the Washington Post, called for the Senate financial reform bill to be strengthened. SEC enforcement saw another of its proposed …

THIS WEEK IN SECURITIES LITIGATION (April 9, 2010) Read More »