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Racketeer Influenced and Corrupt Organizations (RICO)--Securities and Commercial Fraud as Racketeering Crime after Sedima: What is a "Pattern of Racketeering Activity"?

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Keywords
  • Rico
  • Racketeering
  • Fraud
  • Securities
  • Securities Law

Abstract

Racketeer Influenced and Corrupt Organizations (RICO)--Securities and Commercial Fraud as Racketeering Crime after Sedima: What is a "Pattern of Racketeering Activity"? Pace University [email protected] Pace Law Faculty Publications School of Law 1-1-1986 Racketeer Influenced and Corrupt Organizations (RICO)--Securities and Commercial Fraud as Racketeering Crime after Sedima: What is a "Pattern of Racketeering Activity"? Barbara Black Pace Law School Follow this and additional works at: http://digitalcommons.pace.edu/lawfaculty This Article is brought to you for free and open access by the School of Law at [email protected] It has been accepted for inclusion in Pace Law Faculty Publications by an authorized administrator of [email protected] For more information, please contact [email protected] Recommended Citation Black, Barbara, "Racketeer Influenced and Corrupt Organizations (RICO)--Securities and Commercial Fraud as Racketeering Crime after Sedima: What is a "Pattern of Racketeering Activity"?" (1986). Pace Law Faculty Publications. Paper 11. http://digitalcommons.pace.edu/lawfaculty/11 Articles Racketeer Influenced and Corrupt Organizations (RICO) - Securities and Commercial Fraud as Racketeering Crime after Sedima: What is a "Pattern of Racketeering Activity"? Barbara Blackt I. Background A. The Statute Congress enacted the Racketeer Influenced and Corrupt Or- ganizations Act1 (RICO) in 1970 in order to stem the infiltration and corruption of legitimate businesses by organized crime.2 During the 1970's' civil litigants virtually ignored the s t a t ~ t e , ~ but in the 1980's the utility of RICO's civil provisions has come t B.A., Barnard; J.D., Columbia University School of Law; Associate Professor of Law, Pace University School of Law. The author gratefully acknowledges the research assistance of Mark A. Smith, class of 1986, Pace University School of Law. Copyright 1986, Barbara Black, all rights reserved.

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