It has long been known, and only recently publicly discussed, that there was in fact a two tiered system of justice in the U.S. As one example, Wall Street executives have been accused of not only breaking the law but, having been given warnings, they were said to have wiped their hands with indifference, breaking the law nonetheless and appearing untouchable. Did knowing criminal activity wouldn’t be properly investigated encourage additional brazen behavior? Such cases have yet to come to trial, but they could. What such brazen actions expose is an environment in which a narrow minority of elite corporate executives might…
DoJ Issues “Yates Memo” To Change Direction Of Wall Street Prosecutions
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.