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Violations in National Regulatory Bodies

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Research the case of Martha Stewart, who was sent to prison for violating a regulation of the Securities and Exchange Commission (SEC)—a national regulatory body related to trading stocks.
Based on the case of Stewart, express your views on the following:
• What were the circumstances of this case? Who are the victims and which community was involved?
• Do you agree with what the courts did with the Stewart case? Why or why not?
• Do you feel that Stewart made amends to those victims affected in the case? Why or why not? Provide evidence in support of your opinion.
• How would restorative justice play out for Stewart? Which type of encounter would be most effective here? Why?
• How would the victims or the community benefit from a restorative process in this case?
• Consider the nature of the offense. Do you think white collar crimes, such as this one, are amenable to a restorative approach? Why or why not?

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Solution Summary

The violations in national regulatory bodies are found. The circumstances of this case and the victims are determined.

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http://coveringbusiness.com/2012/05/15/what-martha-stewart-did-wrong/

Based on the case of Stewart, express your views on the following:

• What were the circumstances of this case? Who are the victims and which community was involved?

The circumstances of the case were actually complicated wherein Stewart was charged with an offense that was not easy to prove. Although she was initially charged with insider trading and securities fraud, prosecutors had to rescind these charges because of the facts associated with the case. She sold stocks based upon information that was nonpublic material according to investigators, but Stewart and her defense argued that she had instructed her broker to sell the stocks whenever the price dropped below $60 per share. Therefore, the prosecution needed to prove that she knew about the impending implosion of the stock price because of insider information to gain a conviction for insider traiding.

In essecne, Stewart had no actual duty to refrain from tradinig on information about ...

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Raushaun Rigsby, MSc
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  • Bachelor of Science , Sam Houston State University
  • Masters of Science, Kaplan University
  • Masters of Science , Kaplan University
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