August 7, 2011
J.W. Verret Starts Open-Source Article Writing Project on SEC Rulemaking
By that I mean blogging about an article idea and updating it as I progress. Some say it’s a bad plan…people might steal your ideas, or maybe you expose yourself to the possibility of being wrong. I don’t think it’s an issue, particularly if readers take my musings in the rough-and-tumble blogging spirit. If you think I have interpreted a provision incorrectly, great. Email me and tell me why. Better that you send me a case I missed than I learn about it after the article is published.
He then goes on to outline a project to define what he describes as the four guiding principles of securities regulation as set forth in the National Securities Markets Improvement Act of 1996: (1) investor protection, (2) efficiency, (3) competition, and (4) capital formation. You can read the full post here.
I agree with Joan Heminway (as she states in a comment to the post) that the project is certainly a worthy one. However, I am even more excited to watch the open-source article writing process itself, since I think there could be all sorts of interesting offshoots from that project that could improve collaboration, interdisciplinary work, and the overall utility of our scholarly works.