At a recent ExxonMobil annual meeting, members of the Rockefeller family made news by backing a shareholder proposal to change company policy in an effort to alleviate global warming. The resulting media attention raised questions about the proper role of institutional investors in voting on political or social issues brought...

The first colloquium of theSocial Doctrine of the Church at the Pontifical Lateran University falls one yearafter the institution by the Rector of the International Research Area"Caritas in Veritate".

On May 24 2011, at the inauguralseminar, we launched the idea of organizing the first International Colloquiumof the Social Doctrine of the...

The IMF will not disengage from Greece.

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...

Stephen K. West proposed changing mutual fund regulation by using a uniform fee investment company.

This statement is available here as an Adobe PDF.

The Eurozone Crisis: A Roadmap for Urgent and Decisive ActionWhile European leaders have been meeting in Brussels to address the crisis in the eurozone,...

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.

Government sponsored enterprises could be reformed using a specific plan that ensures the availability of mortgage financing while focusing the government on its relative strengths of providing a backstop against financial catastrophes and directing appropriate subsidies for affordable housing.