The Julis-Rabinowitz Program on Jewish and Israeli Law presents: Protecting the Interests of Capital Market Investors in a Multicultural Society by Nitzan Wulkan

Israel’s low-interest environment has created an incentive for “alternative investments” in online trading platforms and while these platforms raised hundreds of millions of dollars from Israeli investors in the last decade, they did so based on false promises of imaginary interest rates. The initial lack of regulatory oversight in the field created fertile ground for criminal activity, including securities fraud, theft, and large-scale international money laundering offenses. In this lecture, I will discuss the comprehensive legal measures Israel has taken to address these problems and the unique challenges of creating and implementing effective financial enforcement in a multicultural society.