Determinants and prevention directions of crimes against interests of investors

Abstract

The article gives analysis of criminological measures of stock market crimes counteraction. Negative economic trends define criminal capacity development in society. This development as long as government long-term official neutral position led to wide-spread occurrence of new criminal behavior forms of economic subjects (including those on stock market). Recent changes introduced into criminal law couldn’ t effectively counteract to crimes on stock market since they were only random and not based on scientific researches in economy and law. Significant difficulties rose in law enforcement process in terms of detection and legal evaluation of these crimes. Individual crimes are detected while organized groups’ activity goes under the radar. Legal regulation and practical realization of national policy on stock market crimes and crimes against interests of investors counteraction are raised in the article. The authors reveal reasons of securities-related crimes, factors of general order and circumstances that lead to individual crimes. The article presents conditions that result in crimes against stockholder rights, securities register-related crimes and crimes related to securities transfer violations. The authors suggest complex of measures aimed at general and special prevention of crimes against interests of investors. © 2014, Criminology Journal of Baikal National University of Economics and Law. All rights Reserved