Easy Prey Investors

Why Broken Safety Nets Threaten Your Wealth

Business & Finance, Personal Finance, Budgeting
Cover of the book Easy Prey Investors by Al Rosen, Mark Rosen, MQUP
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Al Rosen, Mark Rosen ISBN: 9780773599918
Publisher: MQUP Publication: September 1, 2016
Imprint: MQUP Language: English
Author: Al Rosen, Mark Rosen
ISBN: 9780773599918
Publisher: MQUP
Publication: September 1, 2016
Imprint: MQUP
Language: English

Over the past twenty-five years, a series of actions, omissions, and failures by Canada’s lawmakers and the purported gatekeepers of investors' rights have left Canadians' investments, pensions, and retirement savings at greater risk. Bodies such as provincial securities commissions have abandoned their obligations to safeguard investors and allowed published and audited financial statements in Canada to become unreliable. Yet these distorted financial statements are used by financial analysts who present them as accurate, leaving investors in the dark about serious risks and negative impacts on their savings. In Easy Prey Investors, investigative forensic accountants Al and Mark Rosen examine the circumstances – beginning with a 1997 Supreme Court of Canada ruling on the reliability of audited statements – that have led to the proliferation of Ponzi schemes and other financial manipulations, and a corresponding lack of accountability among auditors. Based on their many years of experience in major Canadian court cases involving collapsed companies, the authors reveal the full stories behind financial trickery and describe the disturbing consequences for investors. They show how a combination of inaction by lawmakers and illogical delegation of regulatory power to conflicted financial statement auditors has seriously harmed savers as well as how most conventional protections have been stripped away from investors. Why save in Canada when money can so easily be stolen? Prying open doors too often sealed shut, Easy Prey Investors illuminates the unpleasant details of financial manipulation and suggests new ways to guide and protect investors and their families.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Over the past twenty-five years, a series of actions, omissions, and failures by Canada’s lawmakers and the purported gatekeepers of investors' rights have left Canadians' investments, pensions, and retirement savings at greater risk. Bodies such as provincial securities commissions have abandoned their obligations to safeguard investors and allowed published and audited financial statements in Canada to become unreliable. Yet these distorted financial statements are used by financial analysts who present them as accurate, leaving investors in the dark about serious risks and negative impacts on their savings. In Easy Prey Investors, investigative forensic accountants Al and Mark Rosen examine the circumstances – beginning with a 1997 Supreme Court of Canada ruling on the reliability of audited statements – that have led to the proliferation of Ponzi schemes and other financial manipulations, and a corresponding lack of accountability among auditors. Based on their many years of experience in major Canadian court cases involving collapsed companies, the authors reveal the full stories behind financial trickery and describe the disturbing consequences for investors. They show how a combination of inaction by lawmakers and illogical delegation of regulatory power to conflicted financial statement auditors has seriously harmed savers as well as how most conventional protections have been stripped away from investors. Why save in Canada when money can so easily be stolen? Prying open doors too often sealed shut, Easy Prey Investors illuminates the unpleasant details of financial manipulation and suggests new ways to guide and protect investors and their families.

More books from MQUP

Cover of the book Governing the Poor by Al Rosen, Mark Rosen
Cover of the book Finding Franklin by Al Rosen, Mark Rosen
Cover of the book Legislative, Executive, and Judicial Governance in Federal Countries by Al Rosen, Mark Rosen
Cover of the book Strategic Friends by Al Rosen, Mark Rosen
Cover of the book Mobilities, Knowledge, and Social Justice by Al Rosen, Mark Rosen
Cover of the book Democracy in Decline by Al Rosen, Mark Rosen
Cover of the book Engaging the Thought of Bernard Lonergan by Al Rosen, Mark Rosen
Cover of the book The Politics of Canadian Foreign Policy, Fourth Edition by Al Rosen, Mark Rosen
Cover of the book Particles by Al Rosen, Mark Rosen
Cover of the book From Drawing to Visual Culture by Al Rosen, Mark Rosen
Cover of the book Pensionnats du Canada : L’expérience inuite et nordique by Al Rosen, Mark Rosen
Cover of the book Blockades or Breakthroughs? by Al Rosen, Mark Rosen
Cover of the book Consumers in the Bush by Al Rosen, Mark Rosen
Cover of the book Dawn of the Neuron by Al Rosen, Mark Rosen
Cover of the book The Embattled General by Al Rosen, Mark Rosen
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy