Professor Karmel’s area of expertise is international and domestic securities regulation. She is widely called upon to teach and lecture all over the world on this subject. She is a former Commissioner of the Securities and Exchange Commission, a Public Director of the New York Stock Exchange, and was in private practice for 30 years. She was also a Fulbright Scholar studying the harmonization of the securities laws in the European Union. Professor Karmel is the author of Regulation by Prosecution: The Securities and Exchange Commission Versus Corporate America, and numerous articles on securities regulation and international securities law. She also authors a monthly column on "Securities Regulation" that appears in the New York Law Journal. Professor Karmel's professional activities and affiliations are numerous. She is a trustee of the Practising Law Institute, a member of the American Law Institute, and a Fellow of the American Bar Foundation. She also serves as Vice-Chair of the International Coordinating Committee of the American Bar Association Business Law Section and is a director of the New York Chapter of the National Association of Corporate Directors. Professor Karmel serves as Co-Director of The Dennis J. Block Center for the Study of International Business Law. She has been a member of the faculty since 1985.
Articles
When Should Investor Reliance Be Presumed in Securities Class Actions (forthcoming), Bus. Law. (2007)
This article discusses the reasonable reliance requirement in Section 10(b) securities class actions, and in...
Is the Financial Industry Regulatory Authority a Government Agency?, 86 Brooklyn Law School, Legal Studies Paper (2007)
The National Association of Securities Dealers, Inc. (“NASD”) and NYSE Group, Inc. (“NYSE”) have combined...
The Once and Future New York Stock Exchange: The Regulation of Global Exchanges, 1 Brook. J. Corp. Fin. & Com. L. 355 (2007)
The NYSE Group, Inc., the parent of the New York Stock Exchange, Inc. (“NYSE”), and...
Books
Contributions to Books
Demutualization of Exchanges as a Strategy for Capital Market Regulatory Reform, Focus on Capital: New Approaches to Developing Latin American Capital Markets (2003)
Regulation ATS and Related Market Structure Issues in the United States, Exchanges and Alternative Trading Systems (2002)
Self-Regulation and Governance at Securities and Commodities Exchanges, Exchanges and Alternative Trading Systems (2002)
Foreign Issuer Listing – Requirements in a Globalized Securities Market, Cross-Border Mergers and Acquisitions and the Law (2001)
Unpublished Papers
IOSCO'S RESPONSE TO THE FINANCIAL CRISIS, ExpressO (2012)
ABSTRACT FOR IOSCO’S RESPONSE TO THE FINANCIAL CRISIS BY ROBERTA S. KARMEL, Centennial Professor, Brooklyn...
Is the Public Utility Holding Company Act A Model For Breaking Up the Banks That Are Too-Big-To-Fail?, ExpressO (2010)
ABSTRACT FOR “IS THE PUBLIC UTILITY HOLDING COMPANY ACT A MODEL FOR BREAKING UP THE...
SHOULD SECURITIES INDUSTRY SELF-REGULATORY ORGANIZATIONS BE CONSIDERED GOVERNMENT AGENCIES?, ExpressO (2008)
Abstract for
“Should Securities Industry Self-Regulatory Organizations Be Considered Government Agencies?”
by Roberta S. Karmel,...