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Program on Corporate Governance Advisory Board
- Peter Atkins
- David Bell
- Kerry E. Berchem
- Richard Brand
- Daniel Burch
- Paul Choi
- Jesse Cohn
- Arthur B. Crozier Christine Davine
- Renata J. Ferrari
- Andrew Freedman
- Ray Garcia
- Byron Georgiou
- Joseph Hall
- Jason M. Halper William P. Mills
- David Millstone
- Theodore Mirvis
- Philip Richter
- Elina Tetelbaum
- Sebastian Tiller
- Marc Trevino Jonathan Watkins
- Steven J. Williams
HLS Faculty & Senior Fellows
Author Archives: Harvard Law School Forum on Corporate Governance and Financial Regulation
SEC’s Role in Enforcing the Federal Securities Laws
In a recent speech at the Securities Enforcement Forum, SEC Commissioner Luis Aguilar called for, among other things, increased enforcement activity against individuals, with more frequent use of Officer and Director bars, monitoring of recidivists through post-enforcement monitoring mechanisms such as access to phone and bank records and income tax returns, and passage of the […]
Click here to read the complete postSEC Legal Bulletin on Shareholder Proposals
The SEC recently issued Staff Legal Bulletin No. 14G providing additional guidance on shareholder proposals submitted to companies pursuant to Rule 14a-8. The guidance is in response to several issues that came up during the 2012 proxy season. Proof of ownership In a prior bulletin, SLB No.14F, the SEC had reconsidered its view as to […]
Click here to read the complete postA Simple Tax Proposal to Improve Financial Stability
It is hard to imagine a financial crisis that is not ultimately caused by creditors who had taken on too much debt. Debt is the root cause of most corporate financial failures and, if a snowball effect sets in, the root cause of financial system failure. Of course, debt also has advantages. Without debt, many […]
Click here to read the complete postA Capital Market, Corporate Law Approach to Creditor Conduct
Earlier in October, Federico Cenzi Venezze and I posted “A Capital Market, Corporate Law Approach to Creditor Conduct” up on SSRN. Michigan Law Review is scheduled to publish the article in their next volume. In this article, we focus on the problem of creditor conduct in distressed firms — for which policymakers ought to have […]
Click here to read the complete postInternational Coordination Among Regulators
Editor’s Note: Elisse B. Walter is a Commissioner at the U.S. Securities and Exchange Commission. This post is based on Commissioner Walter’s remarks to the American Bar Association International Section, available here. The views expressed in this post are those of Commissioner Walter and do not necessarily reflect those of the Securities and Exchange Commission, […]
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Posted in Derivatives, Financial Regulation, International Corporate Governance & Regulation, Securities Regulation, Speeches & Testimony
Tagged Capital markets, Cross-border transactions, Derivatives, Financial regulation, FSB, International governance, IOSCO, SEC, Securities regulation
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The Most Influential People in Corporate Governance
Each year, the National Association of Corporate Directors’ Directorship magazine publishes the Directorship 100 list, which seeks to identify “the most influential people in the boardroom community, including directors, corporate governance experts, journalists, regulators, academics and counselors.” A review of this year’s list indicates that, as in prior years, individuals affiliated with Harvard Law School […]
Click here to read the complete postDelaware Court of Chancery Dismisses Hastily Filed Caremark Action
On September 25, 2012, Vice Chancellor Travis Laster of the Court of Chancery of the State of Delaware dismissed the derivative complaint in South v. Baker, C.A. No. 7294-VCL, with prejudice. This decision reaffirms the Chancery Court’s low tolerance for hastily filed shareholder derivative lawsuits brought under the In re Caremark International Inc. Derivative Litigation, […]
Click here to read the complete postHigh Frequency Traders and Algorithmic Strategies on German Trading Venues
The German Government plans to curtail high frequency trading on German trading venues and to submit certain algorithmic trading strategies to regulatory supervision. In its cabinet meeting on September 26, 2012 the Federal Government adopted a revised draft legislation titled the “Act for the Prevention of Risks and the Abuse of High Frequency Trading” (Hochfrequenzhandelsgesetz). […]
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Posted in Banking & Financial Institutions, Financial Regulation, International Corporate Governance & Regulation, Legislative & Regulatory Developments, Practitioner Publications
Tagged Banks, Financial institutions, Financial regulation, International governance, MiFID, Proprietary trading
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