“The sleeping watch dog: aka the Securities and Exchange Commission” by Frank S. Perri & Richard G. Brody

From the Journal of Financial Regulation and Compliance, the “The sleeping watch dog: aka the Securities and Exchange Commission“ defines underlying issues with regulatory policies and organization structure at the Securities and Exchange Commission (SEC). After extensive research, Criminology and Legal Issues professor Frank S. Perri and colleague Richard G. Brody reveal these weaknesses and their correlation to some of the largest fraud schemes perpetrated on investors.