Document Type
Article
Publication Date
2010
ISSN
1558-609X
Publisher
Michigan State University College of Law
Language
en-US
Abstract
The stories of Stanford's suspected Ponzi scheme, and Madoff s proven scheme, as well as the Securities and Exchange Commission's lenient settlements with very large suspected violators, and its focus on the numerous, small accused, have raised questions about the Commission's enforcement resources. This Article suggests that the Commission outsource civil cases against very large defendants when the examination of the defendant finds signs of wrongdoing under the securities acts. The Commission already outsources two types of legal services and the United States government practices extensive outsourcing. This article suggests that with appropriate limitations and controls outsourcing of enforcement litigation against powerful and wealthy defendants may serve the country well.
Recommended Citation
Tamar Frankel,
Let the Securities and Exchange Commission Outsource Enforcement by Litigation: A Proposal
,
in
11
Journal of Business & Securities Law
111
(2010).
Available at:
https://scholarship.law.bu.edu/faculty_scholarship/1015
