Arlen Specter actually said...

The Judiciary Subcommittee on Criminal Law will now proceed with this hearing on the issues of alleged Wall Street fraud and what is the app...

A criminal penalty could be fine or jail. I am asking you whether you think that it would be indispensable to move to jail as an effective d...

Congress has the authority to define what investment advice is.

Is it sufficient to impose a fine? Or what kind of a fine would be big enough to be punishment?