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Write an essay is about Security and investment frauds.

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The Equifax Breach & Securities Fraud

Given that the definition of securities fraud is “any manipulation or deception that affects the purchase or sale of a security and usually includes the misrepresentation or omission of significant information” (p. 426), it is unsurprising the term ‘securities fraud’ makes most people think of Bernie Madoff, Ponzi schemes, etc. However, a different sort of securities fraud has been in the news lately, by way of a crime the scale and consequences of which may take years to quantify. This brief essay examines the recent Equifax data breach and...

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