#OWS Movement Distracted Americans From Real Crisis: White Collar Crime

From biggovernment.com -I don’t have a whole lot of sympathy for many of the people working on Wall Street these days, but the Occupy movement’s decision to solely target the private sector for financial corruption only distracted Americans from the real financial crisis – white collar crime. According to recent Securities Exchange enforcement actions and news reports, financial corruption is also coming from government sponsored agencies and even Congress As of Sept. 30, the Securities and Exchange Commission has filed a record 735 enforcement actions for the fiscal year, and of those 146 were related to investment advisers and companies – a 30 percent increase from last year. Broker-dealers also made up 112 of the actions, a 60 percent increase from before. The fact of the matter is that white-collar crime, insider trading and unethical financial practices are rampant not only on Wall Street, but in government sponsored agencies and even Congress.  More News New Mexico

#OWS Movement Distracted Americans From Real Crisis: White Collar Crime