Securities Law Prof Blog

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

Monday, February 21, 2022

New Securities Law Articles in Print

The following law review articles relating to securities regulation are now available in paper format:

Audrey E. Abate, Note, Qualified Opportunity Funds: Private Equity Exemptions from Public Responsibility, 15 Brook. J. Corp. Fin. & Com. L. 421 (2021).

James T. Kitchen, David R. Coogan & Keeton H. Christian, The Evolution of Legal Risks Pertaining to Patch Management and Vulnerability Management, 59 Duq. L. Rev. 269 (2021).

Austin Manna, Note, Reducing Conflicts of Interest: A "Glass-Steagall" Split of Advisory and Consulting Services of Proxy Advisory Firms, 15 Brook. J. Corp. Fin. & Com. L. 497 (2021).

Douglas Sarro, Proxy Advisors as Issue Spotters, 15 Brook. J. Corp. Fin. & Com. L. 371 (2021).

February 21, 2022 | Permalink | Comments (0)

Monday, February 14, 2022

New Securities Law Article in Print

The following law review article relating to securities regulation is now available in paper format:

George S. Georgiev, The Human Capital Management Movement in U.S. Corporate Law, 95 Tul. L. Rev. 639 (2021).

February 14, 2022 | Permalink | Comments (0)

Wednesday, February 9, 2022

New Securities Law Articles in Print

The following law review articles relating to securities regulation are now available in paper format:

Robin Hui Huang, The U.S.–China Audit Oversight Dispute: Causes, Solutions, and Implications for Hong Kong, 54 Int'l Law. 151 (2021).

Steven L. Schwarcz, Tepoel Lecture: Bond Trustees and the Rising Challenge of Activist Investors, 53 Creighton L. Rev. 669 (2020).

February 9, 2022 | Permalink | Comments (0)

Monday, January 31, 2022

New Securities Law Articles in Print

The following law review articles relating to securities regulation are now available in paper format:

Charlotte S. Alexander & Nicole G. Iannarone, Winning, Defined? Text-Mining Arbitration Decisions, 42 Cardozo L. Rev. 1695 (2021).

Dustin G. Graber, Note, An Appointment with Time: Defining the Scope of a Timely Challenge after Lucia v. SEC, 53 Colum. J.L. & Soc. Probs. 541 (2020).

Masaki Iwasaki, Relative Impacts of Monetary and Non-Monetary Factors on Whistleblowing Intention: The Case of Securities Fraud, 22 U. Pa. J. Bus. L. 591 (2020).

Florian N. Kamp, Alternative Data Accumulation, Investment Management and the Ever-Present Spectre of Insider Trading Liability—Should Hedge Funds Be Concerned about Trading on Scraped Data?, 22 U. Pa. J. Bus. L. 627 (2020).

Kobi Kastiel & Yaron Nili, The Giant Shadow of Corporate Gadflies, 94 S. Cal. L. Rev. 569 (2021).

Sunitha Malepati, The Future (Public Company Boardroom) Is Female: From California SB 826 to a Gender Diversity Listing Standard, 28 Am. U. J. Gender Soc. Pol'y & L. 493 (2020).

Nicolas Valderrama, Comment, Can the Liquidity Rule Keep Mutual Funds Afloat? Contextualizing the Collapse of Third Avenue Management Focused Credit Fund, 70 Cath. U. L. Rev. 317 (2021).

January 31, 2022 | Permalink | Comments (0)

Saturday, January 22, 2022

New Securities Law Articles in Print

The following law review articles relating to securities regulation are now available in paper format:

Jordan A. Pino, Note, Insider Trading and the Primacy of the Legislature: Beyond Two Martomas, 18 Geo. J.L. & Pub. Pol'y 553 (2020).

Andrew W. Winden, Jumpstarting Sustainability Disclosures, 76 Bus. Law. 1215 (2021).

January 22, 2022 | Permalink | Comments (0)

Saturday, January 8, 2022

New Securities Law Article in Print

The following law review article relating to securities regulation is now available in paper format:

Christopher J. Ryan, Jr. & Christopher R. Marsicano, Examining the Impact of Fossil Fuel Divestment on University Endowments, 17 N.Y.U. J.L. & Bus. 95 (2020).

January 8, 2022 | Permalink | Comments (0)

Tuesday, December 28, 2021

New Securities Law Articles in Print

The following law review articles relating to securities regulation are now available in paper format:

James Michael Blakemore, New Things under the Sun: How the CFTC Is Using Virtual Currencies to Expand Its Jurisdiction, 73 Ark. L. Rev. 205-262 (2020).

Jesse Kloss, Comment, Securing Crypto: Exempting Certain Cryptoassets from the Arkansas Securities Act, 73 Ark. L. Rev. 631 (2020).

Seth C. Oranburg, Securities Regulation and Social Media, 52 Loy. U. Chi. L.J. 15 (2020).

Jake Smith, Note, More Opportunities, More Concerns: A Look at the Reactionary Nature of Whistleblower Protections in a Growing Global Economy, 37 Ariz. J. Int'l & Comp. L. 381 (2020).

Gabriella Tang, Note, Comparative Analysis of U.S. and Saudi Arabia Investment Funds Regulations, 41 Nw. J. Int'l L. & Bus. 115 (2020).

Karen E. Woody, The New Insider Trading, 52 Ariz. St. L.J. 594 (2020).

December 28, 2021 | Permalink | Comments (0)

Monday, November 29, 2021

New Securities Law Articles in Print

The following law review articles relating to securities regulation are now available in paper format:

Elsayed Eldaydamony, Insider Trading Framework in United States and Egyptian Stock Markets, 13 J. Bus. Entrepreneurship & L. 53 (2020).

Gerry Griffith, Comment, Providing Equal Access to Capital in the Age of the Startup: The Case for Federal Pre-Emption of State Blue-Sky Laws, 13 J. Bus. Entrepreneurship & L. 121 (2020).

November 29, 2021 | Permalink | Comments (0)

Wednesday, November 24, 2021

New Securities Law Articles in Print

The following law review articles relating to securities regulation are now available in paper format:

William W. Clayton, Public Investors, Private Funds, and State Law, 72 Baylor L. Rev. 294 (2020).

Danielle D'Onfro, Corporate Stewardship, 44 J. Corp. L. 439 (2019).

Christoph Henkel, Using Central Counterparties to Limit Global Financial Crises, 88 U. Cin. L. Rev. 397 (2020).

Cary Martin Shelby, Profiting from Our Pain: Privileged Access to Social Impact Investing, 109 Cal. L. Rev. 1261 (2021).


November 24, 2021 | Permalink | Comments (0)

Wednesday, November 10, 2021

New Securities Law Articles in Print

The following law review articles relating to securities regulation are now available in paper format:

Ido Baum & Dov Solomon, When Should You Abstain? A Call for a Global Rule of Insider Trading, 88 U. Cin. L. Rev. 67 (2019).

Max Birmingham, Whistle While You Work: Interpreting Retaliation Remedies Available to Whistleblowers in the Dodd-Frank Act, 13 Fla. A & M U. L. Rev. 1 (2017).

Paul Brest, Ronald J. Gilson & Mark A. Wolfson, How Investors Can (and Can't) Create Social Value, 44 J. Corp. L. 205 (2019).

Elizabeth F. Brown & Edward F. Buckley, A Preliminary Look at State Structures for Regulating Financial Services, 87 U. Cin. L. Rev. 891 (2019).

Deborah A. DeMott, Whistleblowers: Implications for Corporate Governance, 98 Wash. U. L. Rev. 1645 (2021).

Joseph A. Franco, Commoditized Governance: The Curious Case of Investment Company Shared Series Trusts, 44 J. Corp. L. 233 (2019).

Virginia Harper Ho, Disclosure Overload? Lessons for Risk Disclosure & ESG Reporting Reform from the Regulation S-K Concept Release, 65 Vill. L. Rev. 67 (2020).

Colleen Honigsberg, Shivaram Rajgopal & Suraj Srinivasan, The Changing Landscape of Auditors' Liability, 63 J.L. & Econ. 367 (2020).

Hadar Jabotinsky & Mathias Siems, How to Regulate the Regulators: Applying Principles of Good Corporate Governance to Financial Regulatory Authorities,
44 J. Corp. L. 351 (2019).

Lynnise E. Phillips Pantin, Race and Equity in the Age of Unicorns, 72 Hastings L.J. 1453 (2021).

Edward Rivin, Note, Section 14(e)'s Culpability Requirement: Scienter v. Negligence, 88 U. Cin. L. Rev. 289 (2019).

Amanda M. Rose, A Response to Calls for SEC-Mandated ESG Disclosure, 98 Wash. U. L. Rev. 1821 (2021).

Nitzan Shilon, Stock Buyback Ability to Enhance CEO Compensation: Theory, Evidence, and Policy Implications, 25 Lewis & Clark L. Rev. 303 (2021).

Chang-Hsien Tsai, To Regulate or Not to Regulate? A Comparison of Government Responses to Peer-to-Peer Lending among the United States, China, and Taiwan, 87 U. Cin. L. Rev. 1077 (2019).

November 10, 2021 | Permalink | Comments (0)

Monday, October 25, 2021

New Securities Law Articles in Print

The following law review articles relating to securities regulation are now available in paper format:

Yuliya Guseva, A Conceptual Framework for Digital-Asset Securities: Tokens and Coins as Debt and Equity, 80 Md. L. Rev. 166 (2020).

Emma Liggett, Note, Transforming Broker Discretion into Senior Executive Accountability, 89 Geo. Wash. L. Rev. 1016 (2021).

Kara M. Stein, Investor Protection in the Digital Age, 85 Brook. L. Rev. 631 (2020).

James L. Tatum III, Detroit's Bankruptcy and Market Reentry, 37 Emory Bankr. Dev. J. 65 (2020).

October 25, 2021 | Permalink | Comments (0)

Monday, October 18, 2021

New Securities Law Articles in Print

The following law review articles relating to securities regulation are now available in paper format:

Gina-Gail S. Fletcher, Macroeconomic Consequences of Market Manipulation, 83 Law & Contemp. Probs. 123 (2020).

Erik F. Gerding, Against Regulatory Stimulus, 83 Law & Contemp. Probs. 49 (2020).

October 18, 2021 | Permalink | Comments (0)

Tuesday, October 12, 2021

New Securities Law Articles in Print

The following law review articles relating to securities regulation are now available in paper format:

Neal H. Brockmeyer, Regulation of Securities Offerings in California: Is It Time for a Change after a Century of Merit Regulation?, 54 Loy. L. A. L. Rev. 1 (2020).

David C. Donald, From Block Lords to Blockchain: How Securities Dealers Make Markets, 44 J. Corp. L. 29 (2018).

Brett McDonnell, Hari M. Osofsky, Jacqueline Peel & Anita Foerster, Green Boardrooms?, 53 Conn. L. Rev. 335 (2021).

David Rosenfeld, The Impact of insider Trading on the Market Price of Securities: Some Evidence from Recent Cases of Unlawful Trading, 44 J. Corp. L. 65 (2018).

October 12, 2021 | Permalink | Comments (0)

Monday, October 4, 2021

New Securities Law Articles in Print

The following law review articles relating to securities regulation are now available in paper format:

Nathan Campbell, Note, The Duty to Update Corporate Emissions Pledges, 74 Vand. L. Rev. 1137 (2021).

Christina M. Claxton, Note, Private Offerings in the Age of Surveillance Capitalism and Targeted Advertising, 74 Vand. L. Rev. 1187 (2021).

October 4, 2021 | Permalink | Comments (0)

Monday, September 27, 2021

New Securities Law Articles in Print

The following law review articles relating to securities regulation are now available in paper format:

Sophia Duffy & Steve Parrish, You Say Fiduciary, I Say Binary: A Review and Recommendation of Robo-Advisors and the Fiduciary and Best Interest Standards, 17 Hastings Bus. L.J. 3 (2021).

Paul Ferrillo, To over Disclose or Not: That Is the Question with Cybersecurity, 20 Fla. St. U. Bus. Rev. 79 (2021).

William Montemarano, Note, Alternative Data and Insider Trading: Are Investment Managers Asleep at the Wheel on Big Data Use?, 15 Brook. J. Corp. Fin. & Com. L. 263 (2020).

Heath P. Tarbert & Daniel J. Grimm, The CFTC's Swap Data Overhaul, 20 Fla. St. U. Bus. Rev. 1 (2021).

C. Paul Wazzan, Joseph K. Tanimura & George Derpanopoulos, The Use of Blue Sheet Data in Insider Trading Actions: A Case Study, 20 Fla. St. U. Bus. Rev. 97 (2021).

September 27, 2021 | Permalink | Comments (0)

Monday, September 20, 2021

New Securities Law Articles in Print

The following law review articles relating to securities regulation are now available in paper format:

Alon Brav, Dorothy Lund & Edward Rock, Validation Capital, 99 Tex. L. Rev. 1247 (2021).

Patrick M. Corrigan, Footloose with Green Shoes: Can Underwriters Profit from IPO Underpricing?, 38 Yale J. on Reg. 908 (2021).

James D. Cox & Randall S. Thomas, A Revised Monitoring Model Confronts Today's Movement toward Managerialism, 99 Tex. L. Rev. 1275 (2021).

Carol R. Goforth, Using Cybersecurity Failures to Critique the SEC's Approach to Crypto Regulation, 65 S.D. L. Rev. 433 (2020).

Parth Kalaria, Note, Rated P for Public: Learning from Dodd-Frank and Credit Rating Agencies to Propose a Public Cryptocurrency Rating Provider in the United States, 2020 Colum. Bus. L. Rev. 656 (2020).

Mike Koehler, Foreign Corrupt Practices Act Enforcement and Related Developments, 89 Miss. L.J. 227 (2020).

Yoon-Ho Alex Lee, Incorporating Market Reactions into Agency Rulemaking, 54 Wake Forest L. Rev. 1361 (2019).

Zachary J. Lustbader, Note, Title 18 Insider Trading, 130 Yale L. J. 1828 (2021).

Mariel Mok, Note, Who Determines Customer Property, 2020 Colum. Bus. L. Rev. 686 (2020).

Paolo Saguato, The Unfinished Business of Regulating Clearinghouses, 2020 Colum. Bus. L. Rev. 449 (2020).

Margaret Stratton, Note, Open the Floodgates: Ninth Circuit's Decision in Varjabedian Departs from Precedent and Gives Shareholders Free Reign, 53 Suffolk U. L. Rev. 91 (2020).

Cynthia A. Williams & Donna M. Nagy, ESG and Climate Change Blind Spots: Turning the Corner on SEC Disclosure, 99 Tex. L. Rev. 1453 (2021).

September 20, 2021 | Permalink | Comments (0)

Wednesday, September 8, 2021

New Securities Law Articles in Print

The following law review articles relating to securities regulation are now available in paper format:

Camilo Godoy, Comment, The Path to Culpability under Section 14(e) of the Securities Exchange Act of 1934, 57 Hous. L. Rev. 859 (2020).

Kristin N. Johnson, Decentralized Finance: Regulating Cryptocurrency Exchanges, 62 Wm. & Mary L. Rev. 1911 (2021).

Scott W. Maughan, Comment, Utility Token Offerings: Can a Security Transform into a Non-Security?, 2019 BYU L. Rev. 1113 (2019).

September 8, 2021 | Permalink | Comments (0)

Saturday, September 4, 2021

New Securities Law Articles in Print

The following law review articles relating to securities regulation are now available in paper format:

Virginia Harper Ho &  Stephen Kim Park, ESG Disclosure in Comparative Perspective: Optimizing Private Ordering in Public Reporting, 41 U. Pa. J. Int'l L. 249 (2019).

Matthew C. Turk & Karen E. Woody, Recent Developments: Justice Kavanaugh, Lorenzo v. SEC, and the Post-Kennedy Supreme Court, 71 Admin. L. Rev. 193 (2019).

September 4, 2021 | Permalink | Comments (0)

Wednesday, August 25, 2021

New Securities Law Articles in Print

The following law review articles relating to securities regulation are now available in paper format:

Zachary Barker, Note, Socially Accountable Investing: Applying Gartenberg v. Merrill Lynch Asset Management's Fiduciary Standard to Socially Responsible Investment Funds, 53 Colum. J.L. & Soc. Probs. 283 (2020).

Charles W. Mooney Jr., Beyond Intermediation: A New (Fintech) Model for Securities Holding Infrastructures, 22 U. Pa. J. Bus. L. 386 (2020).

Bernard S. Sharfman, Enhancing the Value of Shareholder Voting Recommendations, 86 Tenn. L. Rev. 691 (2019).

Joel Slawotsky, Financial Stability and National Security in an Era of Hegemonic Rivalry: The Need to Tighten United States Securities Disclosure Requirements
22 U. Pa. J. Bus. L. 457 (2020).

Deirdre Weiss, Enforcement of the Foreign Corrupt Practices Act against Foreign Issuers: Helping or Hindering the Global Anti-Bribery and Anti-Corruption Movement?, 20 J. Int'l Bus. & L. 1 (2020).

David A. Wishnick, Reengineering Financial Market Infrastructure, 105 Minn. L. Rev. 2379 (2021).

Yesha Yadav, The Failed Regulation of U.S. Treasury Markets, 121 Colum. L. Rev. 1173 (2021).

Aiste Zalepuga, Note, Updating the Federal Agency Enforcement Playbook, 96 Notre Dame L. Rev. 2083 (2021).

August 25, 2021 | Permalink | Comments (0)

Thursday, August 12, 2021

Event Announcement: Business Roundtable v. Milton Friedman: Reflections on the Second Anniversary of “Redefining” the Purpose of the Corporation

The Law & Economics Center (LEC) at George Mason University Antonin Scalia Law School has asked me to post the following invitation:

Business Roundtable v. Milton Friedman: Reflections on the Second Anniversary of “Redefining” the Purpose of the Corporation

Date: Wednesday, August 18, 2021 

Time: 11:45 AM - 1:00 PM 

Where: National Press Club, 529 14th St, NW, Washington, DC, 20045

Almost 51 years ago, on September 13, 1970, Milton Friedman published an essay in The New York Times with a title that captured his thesis that “The Social Responsibility Of Business Is to Increase Its Profits.” This shareholder value maximization metric for evaluating the legal and financial fiduciary duties of corporate officers has served as the dominant paradigm for defining the purpose of the corporation both before and certainly for the fifty years after publication of Friedman’s influential essay. Yet, on August 19, 2019 – now nearly two years ago – the powerful Business Roundtable attempted to effect a dramatic shift away from the purpose of the corporation being defined by the single metric of shareholder wealth maximization. It released what it called a “new Statement on the Purpose of a Corporation signed by 181 CEOs who commit to lead their companies for the benefit of all stakeholders – customers, employees, suppliers, communities and shareholders." This move was received with both applause and condemnation, each of which continue two years later. 

Join us for a luncheon discussion where a panel of corporate governance experts will evaluate the economic and legal arguments involved in the debate over the proper purpose of the corporation and reflect on the state of the debate two years after the Business Roundtable’s attempt to erase the Friedman doctrine and redefine corporate purpose.

Lisa Fairfax

Presidential Professor and Co-Director, Institute for Law and Economics

University of Pennsylvania Carey Law School

Donald J. Kochan

Professor of Law and Deputy Executive Director, Law & Economics Center

George Mason University Scalia Law School

Robert T. Miller

F. Arnold Daum Chair in Corporate Finance and Law

University of Iowa College of Law

Roberto Tallarita

Lecturer on Law and Associate Director of the Program on Corporate Governance

Harvard Law School

 

Moderator

 

The Honorable David J. Porter

Circuit Judge

U.S. Court of Appeals for the Third Circuit

 

Welcome Remarks

 

Ken Randall

Allison and Dorothy Rouse Dean and George Mason University Foundation Professor of Law

George Mason University Scalia Law School

Register Here

 

For questions, please contact Kaylie Wray: kwray2@gmu.edu | 703.993.9044

August 12, 2021 | Permalink | Comments (0)