In the past decade, the Securities and Exchange Commission’s budget has increased threefold and the fundamental problems remain. For the sake of investors, who have lost billions in fraudulent schemes that should have been discovered, it is high time that these organizational issues be addressed.

As the Senate votes on the financial regulatory reform bill, AEI scholars are available to comment on the impact of the bill.

A new rule approved by the commissioners of the Securities and Exchange Commission will discriminate among shareholders, since the SEC would increase the clout of special-interest groups at the expense of the vast majority of shareholders.

Does the Sarbanes-Oxley Act violate the Constitution by vesting members of PCAOB with too much power?

Ever since the National Market System was mandated in 1975, the Securities and Exchange Commission has assumed that Congress intended to encourage the development of a centralized national securities market, where a high degree of liquidity would produce the best prices for investors and traders. However, technological and...

Dodd-Frank overall is a poorly drafted statute that drastically expands the power of the federal government, creates new bureaucracies staffed with thousands, and does little to help the struggling American citizen.

Congress is close to passing an extensive financial services bill that began as an attempt to punish Wall Street but has morphed into a bill that hurts everyone, as it restricts the wealth creation of the financial markets.

Since Enron, public officials and others have urged the Financial Accounting Standards Board to require that companies place a value on the stock options they grant to employees and treat that value as an expense in computing their earnings. The FASB has responded with a commitment to impose this requirement...