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Username: LuckyWoman

Rating:
Guru Stars

Asked to: Dara Madee

Date Created: 22 Aug 2016
Category 28
Tag Financial
Question What is a 'Securities Fraud'?
Advice from Guru
Hi LuckyWoman,

A securities fraud is a type of serious white-collar crime in which a person or company, such as a stockbroker, brokerage firm, corporation or investment bank, misrepresents information that investors use to make decisions. Securities Fraud can also be committed by independent individuals (such as by engaging in insider trading). The types of misrepresentation involved in this crime include providing false information, withholding key information, offering bad advice, and offering or acting on inside information.

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