Securities Law Prof Blog

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

Sunday, March 30, 2008

Schwarcz on Disclosure in Subprime Crisis

Disclosure's Failure in the Subprime Mortgage Crisis, by STEVEN L. SCHWARCZ, Duke University - School of Law , was recently posted on SSRN.  Here is the abstract:

This symposium article examines how disclosure, the regulatory focus of the federal securities laws, has failed to achieve transparency in the subprime mortgage crisis and what this failure means for modern financial securities markets.

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