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Recently, Utah Became the First State Tocreate a Registry for White-Collar

question 63

Essay

Recently, Utah became the first state tocreate a registry for white-collar criminals, which includes anyone convicted of second-degree frauds or other financial felonies since 2006. According tostate officials, the registry serves twopurposes: offering investors information about con artists, and providing incentives for felons topay restitution totheir victims-a prerequisite for removal from the list. You are the newly appointed Attorney General for the state of Idahoand you're contemplating whether or not Utah's example of "white collar shaming" could be effective as a deterrent for future fraudsters of your state. Aside from your office, others in the state senate feel that passing these types of sanctioning laws would definitely reduce the incident rate by those whowish tocarry out these types of offenses. What doyou do? Doyou work with those senators todraft a new sanctioning law or doyou defer and attempt togather more information regarding the practical and deterrent effects of such laws? Please explain your decision.


Definitions:

Mutual Agreement

A consensus or accord reached between two or more parties on a matter, often formalized through a contract or verbal understanding.

Specific Performance

An equitable remedy requiring the breaching party to perform as promised under the contract; usually granted only when money damages would be an inadequate remedy and the subject matter of the contract is unique (for example, real property).

Zoning Laws

Rules and regulations that collectively manage the development and use of land.

Local

Refers to something situated in, or pertaining to, a particular area, city, or town.

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