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Full-Text Articles in Law
The Securities And Environment Commission? The Sec Greenhouse Gas Disclosure Rule For Investment Advisers And Companies And The Fight Against Administrative Overreach, Isaiah P. Harlan
Northern Illinois University Law Review
This article discusses the 2022 Supreme Court case West Virginia v. EPA in which the Supreme Court utilized the Major Questions Doctrine to analyze the EPA’s Clean Power Plan. After detailing the litigation leading up to and the ultimate decision in West Virginia v. EPA, I describe the SEC’s proposed rule requiring enhanced environmental disclosures and analyze the cited statutory authority in the proposed rule. Based upon the statutory and case law analysis that I have done, I conclude that the SEC has acted outside of the scope of its congressionally delegated authority.
Tangled Up In Blue: Adapting Securities Laws To Initial Coin Offerings, Ethan D. Trotz
Tangled Up In Blue: Adapting Securities Laws To Initial Coin Offerings, Ethan D. Trotz
Northern Illinois University Law Review
Issuers of blockchain-based projects have increasingly turned to Initial Coin Offerings to raise capital. Many of these offerings have similar characteristics to securities offerings, yet are often not registered or exempt from securities laws. Initial Coin Offerings present numerous risks to investors, including fraud, inadequate disclosures, and a lack of remedies. The Securities & Exchange Commission must step in to protect investors and limit losses. One way to do so is through regulation. The Securities & Exchange Commission should use existing regulations for Initial Public Offerings and securities offerings as a guideline. However, blockchain-based offerings present unique issues never before …
Toward Fairness In Compensation Of Management And Labor: Compensation Ratios, A Proposal For Disclosure, James A. Cotton
Toward Fairness In Compensation Of Management And Labor: Compensation Ratios, A Proposal For Disclosure, James A. Cotton
Northern Illinois University Law Review
This article will discuss the general history of executive compensation and the concept of "excessive compensation" as it has developed in corporate America. The article advocates a change in current SEC disclosure requirements which are set out in Appendix A of this article. The development of ratios as a tool of financial analysis is discussed to establish the legitimacy of their use. The author then offers an example of a stockholder proposal to make use of compensation ratios.
Dirks V. Sec: Delineating The Scope Of Insider Trading Liability Under Rule 10b-5, Bruno G. Para
Dirks V. Sec: Delineating The Scope Of Insider Trading Liability Under Rule 10b-5, Bruno G. Para
Northern Illinois University Law Review
A discussion of Dirks v. SEC, examining the circumstances under which a duty to disclose material nonpublic information will be imposed and to whom such a duty of disclosure is owed.