Expand mobile version menu
  Skip to main content

Securities Director

Real-Life Activities

Real-Life Decision Making -- Solution

You impose a fine and ban the company from the market.

Many of your staff members applaud the decision. They think this is the sort of bold move that will send a message to Tin Hollow Communications and to other companies that you won't tolerate companies cooking their books.

The company is banned from the market. Its reputation is ruined. It soon closes its doors.

While the company is banned, the investigation continues. At the end of an exhaustive search through the company's books, it appears that only accounting mistakes were made. No deliberate cooking of the books was done.

The securities commission has wrongfully accused this company. You overturn the ban and abolish the fine. But it's too late.

"You have to carefully review all the facts and diligently pursue the facts before you make a decision," says Brad Skolnik. He is a securities commissioner. "Mistakes can have devastating consequences for the wrongfully accused."


Contact

  • Email Support

  • 1-800-GO-TO-XAP (1-800-468-6927)
    From outside the U.S., please call +1 (424) 750-3900

Support


Powered by XAP

OCAP believes that financial literacy and understanding the financial aid process are critical aspects of college planning and student success. OCAP staff who work with students, parents, educators and community partners in the areas of personal finance education, state and federal financial aid, and student loan management do not provide financial, investment, legal, and/or tax advice. This website and all information provided is for general educational purposes only, and is not intended to be construed as financial, investment, legal, and/or tax advice.