Monday, July 2, 2012

Is the Evidence There to Revamp Reporting under 13(d)?

Author: David Schwartz J.D. CPA
Lucian Bebchuk, Professor of Law, Economics, and Finance at Harvard Law School and Robert J. Jackson, Jr., Associate Professor of Law at Columbia Law School have published a paper urging caution and concluding that the SEC should not proceed with a proposed tightening of blockholder reporting requirements.  While not opposing some re-examination of the blockholder reporting regulatory regime, Bebchuk and Jackson explain that changes should be examined in the larger context of the beneficial role that outside blockholders play in American corporate governance and the broad set of rules that apply to such blockholders.
Comments (0)
Number of views (6334)
RSS