Posts Tagged ‘pump-and-dump’

Unnecessary Roughness

The public interest, established by thousands of disciplinary statutes, should begin and end with the linkage between specified misbehavior and specified sanctions. With those sanctions achieved, the establishment of the facts of the misbehavior – at least by the prosecutor or agency in question – is not important. Why then is it pursued? Often, I believe, from the conscious desire to inflict those collateral consequences, a blood-lust to stigmatize.