It is hard to overstate the impact that white collar crime has on the United States. According to recent estimates from the Federal Bureau of Investigations, the annual economic loss attributable to white collar crime is at least twenty times greater than the economic loss attributable to every...

Securities fraud encompasses a wide range of crimes. For example, if a company makes material misstatements or omissions about the company in public documents, then the company and its agents may be liable for defrauding investors in that company. Such fraud has been alleged in a number of...

This essay discusses pedagogical issues arising from the examination of prosecutorial discretion in white collar criminal law. The focus is on prosecutions where the statutory boundaries are unclear, with an emphasis on insider trading in general and the Martha Stewart case in particular. Policy...

We are deeply conflicted about white collar crime and punishment. This conflict is largely born of the government's use of novel, quot;gray-areaquot; legal theories in many high profile white collar prosecutions. Such prosecutions, which seek to expand the scope of existing crimes, tend to...