June 8, 2005

Fox In The Chicken Coop?

The nomination of Congressman Chris Cox as SEC chairman has come under criticism, with many opponents citing his sponsorship of the Private Securities Litigation Reform Act of 1995 ("PSLRA"). Professor Stephen Bainbridge of UCLA Law School has an interesting post on whether the PSLRA has actually "weakened investor protections" and provides links to a number of empirical studies to the contrary.

Posted by Lyle Roberts at June 8, 2005 7:22 PM | TrackBack
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