Although proposed reforms in governance and oversight have tended to dominate the news, there has been significant action in the area of finance. The SEC and the accounting profession have adopted new rules relating to executive compensation, and the Supreme Court has rendered a series of important decisions relating to securities fraud class actions. While these developments may have the effect of limiting the applicability and evolution of state law in this area, they also reveal fundamental weaknesses in the federal approach.
Moderator: John Olson
Richard Booth – Securities Fraud, Insider Trading, and Derivative Actions
Faith Kahn – Federalism, Fraud, and Freeze Out Transactions
Jerry Markham – Executive Compensation
Mark Lowenstein – The Supreme Court and the Federalization of Corporate Law
Available at: http://works.bepress.com/julian_velasco/13/