The Archives

Everything written by J.W. Verret on law, economics, and more

Efficiency, Competition, Capital Formation, Investor Protection, Apple Pie and Puppies

One of the things that I hope to spend more time doing now that I have returned to the blogosphere is open-source article writing.  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 ... Efficiency, Competition, Capital Formation, Investor Protection, Apple Pie and Puppies

Cost-Benefit Analysis at the SEC

Despite the SEC’s groundbreaking defeat at the DC Circuit over the proxy access rules, on the grounds that it failed to adequately weigh the costs and benefits of the rule proposal, the SEC Chairman has decided that the Commission will not conduct a full cost-benefit analysis of rules mandated by the Dodd-Frank Act.  In a ... Cost-Benefit Analysis at the SEC

The Curious Case of the Proxy Access Rule

Well, well.  It looks like the heatwave hitting DC has encouraged the Judges on the panel reviewing the SEC’s proxy access rule to finish their opinion earlier than expected.  The rule has been struck down by the DC Circuit as arbitrary and capricious for failure to meet the SEC’s mandate to consider the effect of ... The Curious Case of the Proxy Access Rule

CNBC Street Sense on Wall Street Bonuses

I appeared on CNBC’s Street Sense today to talk about Morgan Stanley’s new policy on bonuses and what it means for the future of Wall Street executive compensation.  See here.

Stanford Law School Panel: The Constitution in the Financial Crisis

I am privileged to have the opportunity to travel to Palo Alto next week alongside my senior colleague Prof. Todd Zywicki to participate in a conference on The Constitution in the Financial Crisis organized by the Stanford Constitutional Law Center.  I will in large part be discussing my work in this area, including Treasury Inc.: ... Stanford Law School Panel: The Constitution in the Financial Crisis

Election 2010 and Financial Services Politics

I thought it would be interesting to blog some of the rumors currently circulating about what the election will mean for the makeup of the House Financial Services Committee and the Senate Banking Committee.  The makeup of the Senate Banking Committee is, I would argue, the single most important driver shaping financial services legislation.  The ... Election 2010 and Financial Services Politics

Say on Pay

A late Monday press release from the Securities and Exchange Commission announces a rule proposal to implement the say on pay requirements of the Dodd-Frank Act.  I testified before both houses of Congress against the legislative authorizing language in Dodd-Frank that the SEC uses to promulgate the rule.  My testimony before the House Financial Services ... Say on Pay

Proxy Access Defenses…The Movie

Okay, it would be a pretty lame movie.  Not nearly enough sex, betrayal, or death.  Nevertheless it’s probably easier than reading the whole article.  (If you are inclined to read the article first, which most people say is the best way to enjoy the movie, then check out Defending Against Shareholder Proxy Access: Delaware’s Future ... Proxy Access Defenses…The Movie

Representative Michael N. Castle

I write to express opinion about Mike Castle.  I do not post to express an opinion about Christine O’Donnell, the Tea Party, the national election, or the Democratic nominee Commissioner Coons.  I don’t have a dog in that fight, except to say that I hope for the best for Delaware.  I merely post to express ... Representative Michael N. Castle

Top Ten Books in Corporate Law (Practitioner)

My previous post listing my favorite books in corporate governance turned out to be fairly popular.  A few readers suggested however that my list contained few books that a practitioner would find useful in day to day practice.  I don’t know whether that’s true, but I will accept that my list had an academic focus. ... Top Ten Books in Corporate Law (Practitioner)

ABA Journal Blog Survey

The ABA Journal is once again doing a survey of the most popular “Blawgs.”  If you like us, please take a minute to let them know it.  See here.

LexisNexis Top 25 Business Law Blogs

Lexis is doing a survey of the Top 25 Business Law Blogs.  If you like what we do, please take a minute to vote for us by clicking here.