A Comparative Study of the Release of Offenses and Penal Records of Managers of Financial Institutions and Issuers

The capital market, as a place of accumulation of micro funds, faces anomalies such as Infractions and offenses, and this has led officials to look for solutions. One of the ways to prevent and counteract these anomalies is to publicly disclose the offenders' name which has taken into consideration in recent years This two-pronged approach, on the one hand, by introducing offenders , can lead to the prevention of infractions and offenses, and on the other hand, after the occurrence of these anomalies, by defaming the offender, be a decisive and deterrent response to them. The solution, of course, is not without criticism; For example, critics find the public disclosure of offenders and criminals in conflict with the need for respect for human dignity (Proportionality of punishments). In short, it can be said that this objection cannot persuade officials to ignore the potentials and benefits of public disclosure of offenders. In addition, it can be neglected to apply the punishment in respect of minor offenses so as to ensures proportionality of punishments. In this study, using a descriptive-analytical method and using library resources, public disclosure of criminals and offenders has been studied analytically and comparatively.