In this open letter to SEC chairman Christopher Cox, the Shadow Financial Regulatory Committee offers several policy proposals for consideration by the commission.

Two recent phenomena--state-owned or controlled corporations in our public markets, and government-owned commercial investment funds--are challenging conventional approaches to the respective roles of government and the private sector.

Since becoming chairman of the Securities and Exchange Commission (SEC), Christopher Cox has been advancing the idea of a new, electronically based system of disclosure that will both improve the information available to investors and reduce the disclosure and reporting costs of companies. This new system, which the chairman calls...

The Gauer Distinguished Lecture in Law and Public Policy is a major scholarly discourse by a national or world leader. Its primary purpose is to encourage debate by presenting, publishing, and disseminating original work on an important constitutional, legal, or public policy issue...

Rule 12b-1 under the Investment Company Act of 1940 regulates the ability of mutual funds to use their own assets to pay for the distribution of their shares. The rule is controversial, on the one hand, because 12b-1 fees, as they are called, can be seen as a benefit to...

President Bush's appointment of Homeland Security chairman Christopher Coxas chairman of the SEC may be good news for business, but not forthe future of homeland security.