The administrative state is leveraging algorithms to influence individuals' private decisions.
Agencies have begun to write rules to shape for-profit websites such as Expedia and have …

March 21, 2022, represented a watershed moment in the history of the Securities and
Exchange Commission (the SEC). On that day, for the first time in its history, the SEC …

Machiavelli famously said that actions of all men, particularly of regulators, should be judged
by the results. Paraphrasing Machiavelli, the end justifies the means. This Article addresses …

The ability to identify a firm's shareholders is essential to modern corporategovernance
practice. Corporate managers, activist hedge funds, shareholder-proposal sponsors, and …

Recent years have witnessed a remarkable amount of innovation in our financial markets. 1
New technologies have emerged to challenge the financial institutions that have so long …

The United States has an unparalled entrepreneurial ecosystem. Silicon Valley startups
commercialize cutting-edge science, create plentiful jobs, and spur economic growth …

Securities law traditionally only permits corporations that have registered with the Securities
and Exchange Commission (SEC) and completed an initial public offering (IPO) to sell …

Firms often use new product preannouncements (NPPAs) to attract investors and inform
them about innovative offerings in the pipeline. We observe that the appeal of an NPPA …

In June 2019, Golden Rule Financial Corporation (" Golden"), a Delaware subsidiary of
UnitedHealth Group-America's second-largest healthcare company]-acquired USHEALTH …

Sustainability disclosures have been on the agenda of the US Securities and Exchange
Commission (the" SEC") for almost fifty years. The issue has been intractable. In the last …