Coverart for item
The Resource The challenge of enforcement in securities markets : mission impossible?, prepared by Ana Carvajal and Jennifer Elliott

The challenge of enforcement in securities markets : mission impossible?, prepared by Ana Carvajal and Jennifer Elliott

Label
The challenge of enforcement in securities markets : mission impossible?
Title
The challenge of enforcement in securities markets
Title remainder
mission impossible?
Statement of responsibility
prepared by Ana Carvajal and Jennifer Elliott
Creator
Contributor
Author
Subject
Genre
Language
eng
Summary
Weaknesses in the enforcement of regulation have been targeted by the G-20 as a priority concern for reform. But enforcement efforts in securities markets have proven difficult and uneven. The recent scandal in the United States, wherein a Ponzi scheme orchestrated by Bernard Madoff went undetected by the U.S. authorities for more than two decades, has once again highlighted the importance of effective enforcement of securities regulation, as well as the challenges that securities regulators around the world face in implementing credible enforcement programs. While in many instances it is individuals who bear the losses, we show that noncompliance with securities law can have serious system-wide impact and that the credibility of the system as a whole rests on the existence of effective discipline-the probability of real consequences for failure to obey the law. This paper explores the elements of enforcement, why it is so challenging, why it is important, and whether its effects can be measured. Through an analysis of the data gathered in the World Bank/IMF Financial Sector Assessment Program (FSAP), the paper examines how enforcement is being carried out around the world and draws conclusions regarding how countries are meeting the challenge of effective enforcement
Member of
Cataloging source
CUS
http://bibfra.me/vocab/lite/collectionName
IMF eLibrary
http://library.link/vocab/creatorName
Carvajal, Ana
Illustrations
illustrations
Index
no index present
Language note
English
LC call number
HG3810 ONLINE
Literary form
non fiction
Nature of contents
  • dictionaries
  • bibliography
http://library.link/vocab/relatedWorkOrContributorDate
1962-
http://library.link/vocab/relatedWorkOrContributorName
  • Elliott, Jennifer A.
  • International Monetary Fund
Series statement
IMF Working Paper,
Series volume
WP/09/168
http://library.link/vocab/subjectName
  • Securities fraud
  • Securities industry
  • Court Order
  • Court
  • Courts
  • Enforcement
  • Securities fraud
  • Securities industry
  • Securities Regulation
  • Securities Regulators
  • Australia
  • Canada
  • India
  • United Kingdom
  • United States
Label
The challenge of enforcement in securities markets : mission impossible?, prepared by Ana Carvajal and Jennifer Elliott
Instantiates
Publication
Copyright
Bibliography note
Includes bibliographical references (pages 36-37)
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
I. Introduction; II. What is Enforcement?; III. The Importance of Enforcement; IV. Framework for Enforcement; 1. Clear mandate; 2. Broad authority to investigate and obtain evidence; 3. Ability to act immediately; 4. Authority to bring charges and impose a wide range of sanctions; 5. Active criminal enforcement; 6. Ability to provide cooperation to foreign regulators; V. Enforcement Capacity; 1. Independence and political will; 2. Staffing and resources; 3. Adequate organizational structure; 4. Effective court system; VI. Measuring the Effectiveness of Enforcement; VII. Conclusion
Control code
649492341
Dimensions
unknown
Extent
1 online resource (37 pages)
Form of item
online
Isbn
9781451917437
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other control number
  • 10.5089/9781451873153.001
  • 10.5089/9781451917437.001
Other physical details
color illustrations
Sound
unknown sound
Specific material designation
remote
System control number
  • imfWPIEA2009168
  • (IMF)WPIEA2009168
  • (OCoLC)649492341
Label
The challenge of enforcement in securities markets : mission impossible?, prepared by Ana Carvajal and Jennifer Elliott
Publication
Copyright
Bibliography note
Includes bibliographical references (pages 36-37)
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
I. Introduction; II. What is Enforcement?; III. The Importance of Enforcement; IV. Framework for Enforcement; 1. Clear mandate; 2. Broad authority to investigate and obtain evidence; 3. Ability to act immediately; 4. Authority to bring charges and impose a wide range of sanctions; 5. Active criminal enforcement; 6. Ability to provide cooperation to foreign regulators; V. Enforcement Capacity; 1. Independence and political will; 2. Staffing and resources; 3. Adequate organizational structure; 4. Effective court system; VI. Measuring the Effectiveness of Enforcement; VII. Conclusion
Control code
649492341
Dimensions
unknown
Extent
1 online resource (37 pages)
Form of item
online
Isbn
9781451917437
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other control number
  • 10.5089/9781451873153.001
  • 10.5089/9781451917437.001
Other physical details
color illustrations
Sound
unknown sound
Specific material designation
remote
System control number
  • imfWPIEA2009168
  • (IMF)WPIEA2009168
  • (OCoLC)649492341

Library Locations

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      5998 Alcalá Park, San Diego, CA, 92110-2492, US
      32.771471 -117.187496
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