Monday, May 12, 2008

Law Professors and the SEC

Race to the Bottom has an interesting article and I learned something new.

The White House announced that Troy Paredes from the University of Washington in St. Louis would be appointed to the Commission to replace Paul Atkins. What I didn't know is that there is a long history of law professors as members of the Commission - including William Douglas, James Landis, Bill Carey and David Ruder.

I guess I never really thought about it, but the inclusion of law professors on the Commission should prove to be a beneficial balance to the regulators who seem to keep popping up there - our present Chairman excluded of course.

The entire article is at http://www.theracetothebottom.org/home/law-professors-and-the-securities-and-exchange-commission.html