Law and Economics Center Programs Invite Applicants!
The George Mason Law & Economics Center invites applications for the following five 2013 Workshops for Law Professors. Each Workshop offers a unique opportunity to join colleagues from around the country to learn from some of the most well-respected scholars in the law-and-economics field. There is no tuition, and all but one program provides hotel ... Law and Economics Center Programs Invite Applicants!
Happy 10th Birthday Sarbanes-Oxley
There are many days that I wish Larry Ribstein were still here, and today is definitely one of those days. He would have had a lot to say about the tenth anniversary of SOX today. He and Henry Butler noted in their book “The Sarbanes-Oxley Debacle: What We’ve Learned; How to Fix It” that: “while ... Happy 10th Birthday Sarbanes-Oxley
We will miss you Larry
The world will be a different place without Larry Ribstein. I and many others know how generous he was with his time in mentoring students and junior scholars, a generosity that is precious for someone as prolific as Larry. When he shared feedback, he always insisted that a scholar give their best, as he did ... We will miss you Larry
Energy Secretary Chu, I Told You So On Solyndra
In the spirit of Christmas, I thought I would take an opportunity this holiday season to tell the embattled Secretary of the Energy Department “I told you so” over the Solyndra solar development loan debacle. Here’s my op-ed in the Washington Times today (also available here): VERRET: No, dude, we don’t need more Solyndras Beltway ... Energy Secretary Chu, I Told You So On Solyndra
Herman Cain, AGCO, and the Oil-for-Food Bribery Settlement
I don’t share this to offer an opinion on the underlying action, but I thought it would be an item of interest to our readers. Much has been written on this blog about challenges in the SEC’s FCPA enforcement process. I am surprised the news media hasn’t touched Herman Cain’s relationship with AGCO Corp. during ... Herman Cain, AGCO, and the Oil-for-Food Bribery Settlement
Iowa University Prediction Markets
These things continue to fascinate me and provide lots of opportunity for procrastination. The Iowa University Prediction Market IEM has a new update on the Republican presidential primary: Romney Leads the Iowa Electronic Markets October 26, 2011 | The Iowa Independent by: Lynda Waddington The value of the former Massachusetts governor continues to rise above ... Iowa University Prediction Markets
The Law and Economics Revolution in Securities Law, Part V
Law Review Editors…take note. You may get an opportunity to catch this one in February if you play your cards right. I’ve been blogging updates of my research for a new article developing what the economic analysis provisions of the National Securities Markets Improvement Act of 1996 requires of new SEC rulemaking. Blog colleague Prof. ... The Law and Economics Revolution in Securities Law, Part V
SEC Organizational Reform Hearing
The semester is off to a bang. I arrived at Stanford Monday to start teaching in the Law School and begin a research fellowship at the Hoover Institution. Yesterday I hiked in the mountains overlooking the SF Bay. Today I am flying back to DC (and blogging in flight, how cool is that) to testify ... SEC Organizational Reform Hearing
Legislative History of the National Securities Markets Improvement Act of 1996
We’ve been discussing the proxy access case, see here, here, and here, where the DC Circuit overturned an SEC rule for failure to meet its requirement under the National Securities Markets Improvement Act of 1996 to consider the effect of the rule on efficiency, competition, and capital formation in addition to its historical mandate to consider ... Legislative History of the National Securities Markets Improvement Act of 1996
Popular Criticism of the Proxy Access Case
Bob Monks has a lot to say about Business Roundtable v. SEC. Some notable quotes: “The DC Circuit now has really made a reputation over four or five years of throwing out SEC regulations. Their reason for doing it is that the SEC has failed to generate cost-benefit information that conforms with their interpretation of ... Popular Criticism of the Proxy Access Case
SEC Commissioner Kathleen Casey steps down
Commissioner Casey announced that she is stepping down from the SEC. SEC Commissioner Kathleen L. Casey announced that she is leaving the agency today, having completed her five-year term on June 5 of this year. Commissioner Casey was sworn in on July 17, 2006, and has been a staunch advocate of the agency’s mission to ... SEC Commissioner Kathleen Casey steps down
S&P Credit Rating Drop
There are few things in this world I enjoy as much as an opportunity to say “I told you so.” Well, I told you so. In May of 2010 I published an op-ed where I said: If Washington properly accounted for its debt and deficit, we might be in the same situation. A threat to the US ... S&P Credit Rating Drop
