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> The more important question is why is no one going to jail? Because it's a civil offense, not a criminal one.
by esoterica 6y ago
> The more important question is why is no one going to jail?
Because it's a civil offense, not a criminal one.
- oldgradstudent 6y agoIANAL. As far as I understand, the Securities Act of 1933 can be prosecuted criminally as well. See for example https://files.klgates.com/files/upload/se_manual_chapter_8.pdf https://files.klgates.com/files/upload/se_manual_chapter_8.p...