Government
Mar. 28, 2017
Saying what Congress means, meaning what Congress says
Because they tend to come about hurriedly at the height of financial crises, statutes regulating the industry don't always mesh smoothly together. These fractures were at play in a recent 9th Circuit decision.
Ben Feuer
Chairman
Complex Appellate Litigation Group LLP
Appellate Law
Email: ben.feuer@calg.com
Northwestern Univ School of Law
APPELLATE ZEALOTS
When it comes to regulation, and especially financial regulation, Congress is a reactive body. The reform engine only gets revving after a big catastrophe. Witness the Securities Exchange Act that established the Securities and Exchange Commission - passed in 1934, at the height of the Great Depression. So too the Sarbanes-Oxley Act designed to protect consumers against corporate fraud - 2002, right after the collapse of Enro...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In