White Collar Crime's Gray Area: The Anomaly of Criminalizing Conduct Not Civilly Actionable

Albany Law Review, Vol. 72, p. 1, 2009

55 Pages Posted: 7 Aug 2008 Last revised: 29 Mar 2011

Wendy Gerwick Couture

University of Idaho College of Law

Date Written: August 4, 2008

Abstract

This article demonstrates that criminal liability is more expansive than civil liability in the context of securities fraud, analyzes the impact of this anomaly on the current scheme of securities regulation, analyzes whether the rationales underlying the leading theories of the civil-criminal divide explain this liability configuration, and concludes that Congress should consider closing the gap between criminal and civil liability in this unique context.

Keywords: white collar crime, civil-criminal divide, securities regulation

Suggested Citation

Couture, Wendy Gerwick, White Collar Crime's Gray Area: The Anomaly of Criminalizing Conduct Not Civilly Actionable (August 4, 2008). Albany Law Review, Vol. 72, p. 1, 2009. Available at SSRN: https://ssrn.com/abstract=1184331

Wendy Gerwick Couture (Contact Author)

University of Idaho College of Law ( email )

PO Box 83720
Boise, ID 83720-0051
United States
208-364-4547 (Phone)

HOME PAGE: http://www.uidaho.edu/law/people/faculty/wgcouture

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