SEC
Will “Portfolio Primacy” Throw a Monkey Wrench in Elon Musk’s Plans to Acquire Twitter?
The SEC's definition of fiduciary duty allows institutional shareholders to vote against Elon Musk's Twitter takeover bid thanks to portfolio primacy.
Is the Musk...
The Non-Revolving Door Between the SEC and the Plaintiffs’ Bar
Nowhere does the “revolving door” spin more quickly than at the Securities and Exchange Commission. But, even at the SEC, not all doors spin...
It is Not Just Small Investors Who Will Be Silenced Thanks to SEC’s New Rules
Shareholder proposals are one of the most effective forms of shareholder voice in corporate America. It is one of the main channels through which...
Should Whistleblower Reward Laws be Capped?
The SEC is expected to approve a proposed rule change that could limit the amount of awards paid to whistleblowers, despite evidence that shows...
How to Restart the Economy and Save Lives: Simulations on Northern Italy
Italian officials have to choose the optimal strategy to end the lockdown. A policy that sends all the active population back to work avoids...
Constitutional Limits to Independent Agencies and Central Banks: A Mini-Course With Paul Tucker (Part 2)
The Federal Reserve and the ECB have been taking unprecedented steps to react to the financial impact of Covid-19. To frame the debate around the...
“Monetary Awards Are Not the Only Reason Why Whistleblowers Report Corporate Malpractice”
At the SEC, Jordan Thomas had a leadership role in developing the program to protect and reward employees who report corporate wrongdoing. Now, he is...
How Regulators and PwC Fooled Reporters—Again
Is the PCAOB really investigating PricewaterhouseCoopers (PwC) for its role in the Mattel auditing mess? I may be wrong, but I seriously doubt it....
The SEC’s Shareholder Voting Reform Runs Counter to Attempts at Democratizing Corporate America
The SEC should drop its proposed changes or modify them so that they are less onerous and less damaging to the rights of shareholders...
Over 60 Leading Finance Economists Ask SEC to Revise the Shareholder Voting Draft Reform
The new regulation that Security and Exchange Commissioners voted in November doesn't fix proxy advisory industry duopoly problems, but it actually makes them worse:...
