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...
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...
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...
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...
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....