Exam 10: Policing and Regulating White Collar Crime

The CPSC (Consumer Product Safety Commission), proposed and promoted by pro-business Republicans, is geared toward protecting businesses from consumer lawsuits.

The term "cognitive regulatory capture" has been applied to the economic crisis of 2008.

The Environmental Protection Agency (EPA) has been especially noted for its historical immunity to any pressures from regulated businesses.

Which of the following regulatory agency was accused of scandalous misconduct during the Reagan administration, leading to the criminal conviction and imprisonment of a political appointee to the agency?

The lines of jurisdiction between the different federal investigative agencies are not always sharply drawn.

Regulatory enforcement occurs in only a very small percentage of the cases where it could be applied.

The U.S.Secret Service is most likely to be involved with investigating white collar crimes that:

One fundamental factor that caused the major global economic crisis in 2008 was the absence of appropriate, effective regulation of the financial markets.

Historically, white collar crime has not been a principal focus of concern for law enforcement agencies.

During the Reagan era of the 1980s, the OSHA relied most heavily on which of the following?

Federal investigative agencies are supposed to bring the most serious white collar crime cases, where criminal prosecution is warranted, to the attention of the U.S. Department of Justice or one of the U.S.attorneys.

What are the principal differences and points of intersection between private policing and public policing? What are some of the principal issues arising in connection with the policing responsibilities of lawyers and accountants? What are the benefits and limitations of "self-policing" approaches?

The majority of corporate private security is devoted to preventing and investigating white collar crime.

Public pressure is less likely to be intense for arrests in white collar crime cases than in predatory violence cases.

Federal criminal prosecutions in white collar crime cases are initiated by which of the following?

The U.S.Postal Inspection Service has been especially active in investigating forms of white collar crime involving fraud.

Much of the 19th century was dominated by a laissez faire economic philosophy, which meant there was little regulation in the modern sense.

Identify three federal regulatory agencies with specific responsibilities relating to white collar crime.Which agencies appear to be most effective, and which agencies appear to be least effective-or even counterproductive-and why? What factors specifically influence how agencies operate?

The Criminal Division of the U.S.Department of Justice is the only division of that department that pursues white collar crime cases.

According to Braithwaite and Fisse, which of the following is not a common reason that corporations expend resources to police themselves?