{"id":8708,"date":"2021-07-17T13:02:05","date_gmt":"2021-07-17T13:02:05","guid":{"rendered":"http:\/\/pravnizapisi.rs\/?page_id=8708"},"modified":"2021-11-28T20:34:17","modified_gmt":"2021-11-28T20:34:17","slug":"8708-2","status":"publish","type":"page","link":"https:\/\/www.pravnizapisi.rs\/en\/pravni-zapisi-1-2021-2\/8708-2\/","title":{"rendered":""},"content":{"rendered":"<p style=\"text-align: center;\">PRAVNI ZAPISI \u2022 Year XII \u2022 No. 1 \u2022 pp. 146-183<\/p>\n<h3 style=\"text-align: justify;\"><strong>WHAT MAKES THE SECURITIES CRIMINAL LAW SYSTEM OF THE UNITED STATES WORK?&nbsp; \u2018ALL-EMBRACING\u2019 \u2018BLANKET\u2019 SECURITIES CRIMES AND THE LINKED ENFORCEMENT FRAMEWORK <\/strong><\/h3>\n<figure id=\"attachment_7055\" aria-describedby=\"caption-attachment-7055\" style=\"width: 95px\" class=\"wp-caption alignright\"><a href=\"https:\/\/pravnizapisi.rs\/wp-content\/uploads\/issues\/1-2021\/PZ%202021-01%20-%2007%20Tajti.pdf\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-7056\" src=\"https:\/\/pravnizapisi.rs\/wp-content\/uploads\/2021\/03\/PngItem_278380-150x150.jpg\" alt=\"\" width=\"95\" height=\"95\"><\/a><figcaption id=\"caption-attachment-7055\" class=\"wp-caption-text\">Language: English<\/figcaption><\/figure>\n<h4><strong>Tibor Tajti (Thaythy)<br \/>\n<\/strong>Professor of Law, Chair of the International Business Law Program, Central European University -PU, Legal Studies Department, Vienna<br \/>\ne-mail: <a href=\"mailto:tajtit@ceu.edu\">tajtit@ceu.edu<\/a><\/h4>\n<p><span style=\"color: #ffffff;\">.<\/span><\/p>\n<p>Pravni zapisi, No. 1\/2021, pp. 146-183<\/p>\n<p>Original Scientific Article<\/p>\n<p style=\"text-align: justify;\"><strong>DOI<\/strong>: <a href=\"https:\/\/scindeks.ceon.rs\/article.aspx?query=ISSID%26and%2615776&amp;page=4&amp;sort=8&amp;stype=0&amp;backurl=%2fissue.aspx%3fissue%3d15776%26lang%3den&amp;lang=en\">10.5937\/pravzap0-30658<\/a><\/p>\n<p style=\"text-align: justify;\"><span style=\"text-decoration: underline;\"><strong>KEY WORDS<br \/>\n<\/strong><\/span>capital markets, blanket-, all-embracing securities crimes, proving <em>mens rea, <\/em>circumstantial evidence, <em>nulla crimen sine lege<\/em><\/p>\n<p style=\"text-align: justify;\"><span style=\"text-decoration: underline;\"><strong>ABSTRACT<br \/>\n<\/strong><\/span>The article explores the key factors that make the securities criminal law of the United States (US), as one of the integral building blocks of the capital markets and securities regulatory system, efficient. This includes the role and characteristics of sectoral (blanket) all-embracing securities crimes enshrined into the federal securities statutes, their nexus with general crimes, the close cooperation of the Securities Exchange Commission (SEC) and prosecutorial offices, the applicable evidentiary standards, and the fundamental policies undergirding these laws. The rich repository of US experiences should be instructive not only to the Member States of the European Union (EU) striving to forge deeper capital markets but also to those endeavoring to accede the EU (e.g., Serbia), or to create deep capital markets for which efficient prosecution of securities crimes is inevitable.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PRAVNI ZAPISI \u2022 Year XII \u2022 No. 1 \u2022 pp. 146-183 WHAT MAKES THE SECURITIES CRIMINAL LAW SYSTEM OF THE UNITED STATES WORK?&nbsp; \u2018ALL-EMBRACING\u2019 \u2018BLANKET\u2019 SECURITIES CRIMES AND THE LINKED ENFORCEMENT FRAMEWORK Tibor Tajti (Thaythy) Professor of Law, Chair of the International Business Law Program, Central European University -PU, Legal Studies Department, Vienna e-mail: tajtit@ceu.edu . Pravni zapisi, No. 1\/2021, pp. 146-183 Original Scientific Article DOI: 10.5937\/pravzap0-30658 KEY WORDS capital markets, blanket-, all-embracing securities crimes, proving mens rea, circumstantial evidence, nulla crimen sine lege ABSTRACT The article explores the key factors that make the securities criminal law of the United [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"parent":8660,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"template-article.php","meta":{"footnotes":""},"class_list":["post-8708","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>- Pravni Zapisi<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.pravnizapisi.rs\/pravni-zapisi-1-2021\/8705-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"- Pravni Zapisi\" \/>\n<meta property=\"og:description\" content=\"PRAVNI ZAPISI \u2022 Year XII \u2022 No. 1 \u2022 pp. 146-183 WHAT MAKES THE SECURITIES CRIMINAL LAW SYSTEM OF THE UNITED STATES WORK?&nbsp; \u2018ALL-EMBRACING\u2019 \u2018BLANKET\u2019 SECURITIES CRIMES AND THE LINKED ENFORCEMENT FRAMEWORK Tibor Tajti (Thaythy) Professor of Law, Chair of the International Business Law Program, Central European University -PU, Legal Studies Department, Vienna e-mail: tajtit@ceu.edu . Pravni zapisi, No. 1\/2021, pp. 146-183 Original Scientific Article DOI: 10.5937\/pravzap0-30658 KEY WORDS capital markets, blanket-, all-embracing securities crimes, proving mens rea, circumstantial evidence, nulla crimen sine lege ABSTRACT The article explores the key factors that make the securities criminal law of the United [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.pravnizapisi.rs\/pravni-zapisi-1-2021\/8705-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Pravni Zapisi\" \/>\n<meta property=\"article:modified_time\" content=\"2021-11-28T20:34:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.pravnizapisi.rs\/wp-content\/uploads\/2021\/11\/Naslovna-2021-01.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"587\" \/>\n\t<meta property=\"og:image:height\" content=\"869\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.pravnizapisi.rs\/wp-content\/uploads\/2021\/11\/Naslovna-2021-01.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.pravnizapisi.rs\/pravni-zapisi-1-2021\/8705-2\/\",\"url\":\"https:\/\/www.pravnizapisi.rs\/pravni-zapisi-1-2021\/8705-2\/\",\"name\":\"- Pravni Zapisi\",\"isPartOf\":{\"@id\":\"https:\/\/pravnizapisi.rs\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.pravnizapisi.rs\/pravni-zapisi-1-2021\/8705-2\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.pravnizapisi.rs\/pravni-zapisi-1-2021\/8705-2\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/pravnizapisi.rs\/wp-content\/uploads\/2021\/03\/PngItem_278380-150x150.jpg\",\"datePublished\":\"2021-07-17T13:02:05+00:00\",\"dateModified\":\"2021-11-28T20:34:17+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.pravnizapisi.rs\/pravni-zapisi-1-2021\/8705-2\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.pravnizapisi.rs\/pravni-zapisi-1-2021\/8705-2\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.pravnizapisi.rs\/pravni-zapisi-1-2021\/8705-2\/#primaryimage\",\"url\":\"https:\/\/pravnizapisi.rs\/wp-content\/uploads\/2021\/03\/PngItem_278380-150x150.jpg\",\"contentUrl\":\"https:\/\/pravnizapisi.rs\/wp-content\/uploads\/2021\/03\/PngItem_278380-150x150.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.pravnizapisi.rs\/pravni-zapisi-1-2021\/8705-2\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"\u041f\u043e\u0447\u0435\u0442\u043d\u0430\",\"item\":\"https:\/\/www.pravnizapisi.rs\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Pravni zapisi 1\/2021\",\"item\":\"https:\/\/www.pravnizapisi.rs\/en\/pravni-zapisi-1-2021-2\/\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/pravnizapisi.rs\/#website\",\"url\":\"https:\/\/pravnizapisi.rs\/\",\"name\":\"Pravni Zapisi\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/pravnizapisi.rs\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/pravnizapisi.rs\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/pravnizapisi.rs\/#organization\",\"name\":\"Pravni Zapisi\",\"url\":\"https:\/\/pravnizapisi.rs\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/pravnizapisi.rs\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.pravnizapisi.rs\/wp-content\/uploads\/2019\/11\/cropped-Header-logo-srb-1-1.jpg\",\"contentUrl\":\"https:\/\/www.pravnizapisi.rs\/wp-content\/uploads\/2019\/11\/cropped-Header-logo-srb-1-1.jpg\",\"width\":580,\"height\":80,\"caption\":\"Pravni Zapisi\"},\"image\":{\"@id\":\"https:\/\/pravnizapisi.rs\/#\/schema\/logo\/image\/\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"- Pravni Zapisi","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.pravnizapisi.rs\/pravni-zapisi-1-2021\/8705-2\/","og_locale":"en_US","og_type":"article","og_title":"- Pravni Zapisi","og_description":"PRAVNI ZAPISI \u2022 Year XII \u2022 No. 1 \u2022 pp. 146-183 WHAT MAKES THE SECURITIES CRIMINAL LAW SYSTEM OF THE UNITED STATES WORK?&nbsp; \u2018ALL-EMBRACING\u2019 \u2018BLANKET\u2019 SECURITIES CRIMES AND THE LINKED ENFORCEMENT FRAMEWORK Tibor Tajti (Thaythy) Professor of Law, Chair of the International Business Law Program, Central European University -PU, Legal Studies Department, Vienna e-mail: tajtit@ceu.edu . 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