In November 2006, the Committee on Capital Markets Regulation, a group of academics and market specialists, issued its interim report, the first research report on the apparent migration of public offerings by international companies from the United States to London and other overseas markets. The interim report analyzed the causes...

Judges and politiciansmust not allow securities litigation to continue to spiral out of control.

Last November, the Committee on Capital Markets Regulation--a group of academic experts and market specialists--issued the first comprehensive report on whether excessive regulation and litigation were causing a migration of financial transactions away from the United States. The report concluded there was strong evidence of this possibility and recommended various...

Auditors' opinions sound more certain than they are. The language needs to be changed.

Contentious social issues like abortion and gay marriage should be decided in state legislatures, not in the courts or through constitutional amendments.

The idea that the size of Fannie Maeand Freddie Mac’s portfolios might be limited or reducedis now the central feature of the debate regarding mortgage-backed securities.