Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

Thursday, July 5, 2007

Doesn't Everyone Know This Stuff?

An excerpt from Remarks Before the Stanford Law School Directors' College 2007 by Linda Chatman Thomsen, Director, Division of Enforcement, SEC, on June 26, 2007:

My favorite example of our leaky memories comes from a 2005 episode of Jeopardy. ... Anyway, it was a Tournament of Champions and the final Jeopardy answer was: “CEOs must personally certify their corporate books following a July 2002 law named for these two men.” Two out of the three contestants in this, let me remind you, Tournament of Champions, answered McCain and Feingold. Only one guy got it right and he was Canadian.

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