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To: H James Morris who wrote (134611)	11/11/2001 7:23:06 PM
From: Glenn D. Rudolph	Read Replies (3) \| Respond to of 164684

>Unless you can prove fraud, then there is no case. By the time a shareholder can prove fraud, its too late. Am I the only one on this thread that belives reform is required to make the current system more ethical? I am saying that I believe intentional misleading by management, analysts, etc. should be treated as a crime with prison time in addition to fines. This would not provide the "defrauded" investor with their lost money but it would likely cut down on the number of brokerage firms, analysts and insiders from making intentional inaccurate statements which cause the fraud issue in the first place. I only see fines that are less than then the ill-gotten gains by the person convicted of violating fiduciary rules.