Times are tough We all know that…even corporate boards and the federal government are feeling the not-so-subtle pinch

There are many ways to defraud others in securities exchanges Some are easy to recognize and prosecute

Each day a great number of securities are transferred fluidly from one owner to the next so quickly and frequently that that in some cases it can be difficult to keep track of who actually owns them Sure, ownership is typically recognized with a physical certificate or other form of registration, but what if a security has street name registration and is book-entry only

The stock market is a tough game to monitor with many players playing and large amounts of money at stake Large volumes of securities are bought, sold and traded and not everyone is interested in playing by the rules

The Basis of Truth Cost Basis Reporting has been raised in the Senate, the House, the US