Home | Databases | WorldLII | Search | Feedback Edited Legal Collections Data

Choi, Stephen J.; Pritchard, A.C. --- "Securities law and its enforcers" [2018] ELECD 257; in Arlen, Jennifer (ed), "Research Handbook on Corporate Crime and Financial Misdealing" (Edward Elgar Publishing, 2018) 219

Book Title: Research Handbook on Corporate Crime and Financial Misdealing

Editor(s): Arlen, Jennifer

Publisher: Edward Elgar Publishing

ISBN: 9781783474462

Section: Chapter 8

Section Title: Securities law and its enforcers

Author(s): Choi, Stephen J.; Pritchard, A.C.

Number of pages: 18

Abstract/Description:

This chapter reviews the existing empirical literature relating to government enforcement of the securities laws, particularly by the Securities and Exchange Commission (SEC), including comparative work, assessment of the impact of enforcement, and analysis of enforcement patterns. It also identifies particularly promising areas for future research. Little work has been done to date exploring the incentives faced by attorneys who conduct investigations on behalf of the SEC and how those incentives shape enforcement decisions. This chapter offers preliminary evidence on the career paths of SEC lawyers and how those career choices might influence the enforcement actions brought by the SEC.