Stanley Owen Roth was United States Assistant Secretary of State for East Asian and Pacific Affairs from 1997 to 2001. Stanley O. Roth was educated at .\rbr\rbrSecurities fraud, also known as stock fraud and investment fraud, is a deceptive practice in the stock or commodities markets that induces investors to make .\rbr\rbrThe use of derivatives can result in large losses because of the use of leverage, or borrowing. Derivatives allow investors to earn large returns from small .\rbr\rbrBuffett became a billionaire on paper when Berkshire Hathaway began selling class A shares on May 29, 1990, when the market closed at $7175 a share.