The SEC generally refers to illegal insider trading as “the act of buying or selling a security, in breach of a fiduciary duty or other relationship of trust and confidence, while in possession of material, nonpublic information about the security.”1 Intuitively, many people feel insider trading is an unfair abuse of information asymmetries that allows …
Continue reading “Insider Trading Regulation of Derivatives under SEC Rule 10(b)-5 and Dodd Frank”
In recent years, applications and online technology have increasingly been targeted at children. As a result of this child-focused technology, concerns have been raised about the privacy of the children using these products. Many of the producers of these technologies are small startups and therefore the discussion has remained rather minimal. However recently, a new …
Continue reading “Growing Children’s Privacy Concerns for Tech Startups”
The Asian Infrastructure Investment Bank (AIIB), a multilateral development bank that aims to finance infrastructure in Asia and globally, was launched by China in October 2014 with a planned initial capitalization of $50 billion.1 As the March 31 deadline for joining as founding members of the AIIB2 draws near, the U.K. announced its application to …
Continue reading “Responding to the China-Led Asian Infrastructure Investment Bank (AIIB)”
The 2008 financial crisis and the ensuing legislation and regulation under Dodd-Frank have been at the center legal and economic scholarship since the onset of the crisis. How financial actors are to navigate new and uncharted regulatory territory has generally taken center stage. But what if that entire regulatory scheme hinges on the wrong premises? …
There are growing concerns that hedge funds, referred to as the “gold rush of the 21st century,” are troubling investments for pension funds.1 For instance, pension funds have decreased their investments in hedge funds by 25% from 2011 to 2014. 2 In September 2014, Calpers, the California Public Employees’ Retirement System, stunned the investment world …