Public Reporting of Monitorship Outcomes
Vol. 136 No. 3
When a corporation engages in misconduct that is widespread or pervasive, courts, regulators, or prosecutors often insist that the firm obtain assistance from an...
Financial Regulation
Lending in the Time of Coronavirus
Vol. 135 No. 7
“You don’t want to be found dead after a shoot-out with unused ammunition.” That was the refrain of one Federal Reserve (Fed) official in...
What is the Law’s Role in a Recession?
Vol. 135 No. 5
In March 2020, the world faced not only a public health emergency but also one of the most profound shocks to the global economy...
Vertical Shareholding
Vol. 133 No. 2
Introduction A vigorous debate about the effects and legality of “horizontal shareholding” — when a common set of investors owns significant shares in corporations...
SEC, Framework for “Investment Contract” Analysis of Digital Assets (2019)
SEC Provides Analytical Tools for Assessing Digital Assets.
Vol. 132 No. 8
United States v. Martoma
Second Circuit Redefines Personal Benefit Requirement for Insider Trading.
Vol. 132 No. 6
Office of the Comptroller of the Currency, Policy Statement on Financial Technology Companies’ Eligibility to Apply for National Bank Charters
OCC Allows Fintech Companies to Apply for National Bank Charters.
Vol. 132 No. 4
Congress, the Supreme Court, and the Rise of Securities-Fraud Class Actions
Vol. 132 No. 3
Introduction The United States has a complex regime of securities-fraud enforcement in place to protect its securities markets. Functioning properly, securities markets help drive...
Payday, Vehicle Title, and Certain High-Cost Installment Loans
CFPB’s Final Payday Lending Rule Deems It an “Unfair” and “Abusive” Practice to Make Payday Loans Without Determining Borrower Ability to Repay.
Vol. 131 No. 6
The Importance of “Money”
Vol. 130 No. 4
In a provocative new book, The Money Problem: Rethinking Financial Regulation, Professor Morgan Ricks argues that the government should reclaim control over money creation....