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The Regulatory Shifting Baseline Syndrome: Public Law As Cultural Memory, Robin Kundis Craig Apr 2021

The Regulatory Shifting Baseline Syndrome: Public Law As Cultural Memory, Robin Kundis Craig

Utah Law Faculty Scholarship

In 2013, the U.S. Supreme Court declared unconstitutional the Voting Rights Act’s preclearance requirements for six states’ voting laws, and many of those states almost immediately enacted new voting restrictions, that disparately affected citizens of color. In the 1980s and 1990s, Congress deregulated financial markets, including dismantling protections that had been in place since the New Deal, allowing firms to introduce new forms of derivatives — and systemic risk — into the economy, leading to 2008’s housing crisis. In the early 21st century, state legislatures increasingly enacted exemptions from state vaccination requirements that allowed parents to skip their children’s vaccinations, …


Public Compensation For Public Enforcement, Prentiss Cox, Christopher L. Peterson Apr 2021

Public Compensation For Public Enforcement, Prentiss Cox, Christopher L. Peterson

Utah Law Faculty Scholarship

Public enforcement actions frequently result in the distribution of money to people affected by violation of market protection laws. This “public compensation” returns billions of dollars to consumers, investors, and others each year. The law of public compensation appears confusing at first impression because of inconsistent use of nomenclature and conceptual confusion, but courts have developed a discernible set of principles that allow for presumptions and loosened proof standards in awarding this relief. This doctrine held for decades despite repeated challenges by business defendants. The Supreme Court’s decision in Liu v. SEC in June 2020, followed by its grant of …