Securities and Exchange Commission

A Missed Opportunity in Securities Fraud Enforcement

The Supreme Court failed to clarify a key aspect of fraud claims in Lorenzo v. SEC.

Are Mutual Funds Bad for U.S. Consumers?

Regulators consider whether mutual funds’ common ownership of competing companies is bad for consumers.

Regulating Initial Coin Offerings

Scholar suggests alternatives to regulating cryptocurrency offerings as conventional securities.

Reining in Technocracy to Increase Democratic Legitimacy

Reducing the power of technocrats will strengthen democratic legitimacy and political stability.

Lucia Turns Out to Be Much Ado About Nothing

The Court’s decision about administrative judges skirts major separation of powers questions.

Innovation as a Challenge to Regulation

Regulation can accommodate innovation while promoting broader social goals.

Combating Pump and Dump in Crowdfunding Markets

New article shows how small businesses and startups may trade shares fairly and efficiently.

Bank Regulators Aim to Alter Securities Trade Rules

The period within which securities transactions must settle is likely to shrink to match SEC rule change.

Constraining the SEC’s Enforcement Options

Supreme Court limits agency’s ability to demand repayment of illegal gains.

Systematic Study Shows Improvement in SEC Economic Analysis

Agency sees increased effectiveness after incorporating feedback from courts and academics.

The Public Interest in Public Securities Settlements

Legal scholar argues SEC settlements after Dodd-Frank create potential costs for defendants and the public.

GAO Calls on Government Leaders to Revisit Financial Regulatory Reform

Government Accountability Office issues report finding oversight system too fragmented and complex.