Open Access. Powered by Scholars. Published by Universities.®
- Discipline
-
- Constitutional Law (35169)
- International Law (32739)
- Social and Behavioral Sciences (29848)
- Criminal Law (27993)
- Environmental Law (18489)
-
- Legal Education (17090)
- Intellectual Property Law (17089)
- Courts (16773)
- State and Local Government Law (16736)
- Civil Rights and Discrimination (14940)
- Health Law and Policy (14670)
- Legislation (14578)
- Administrative Law (14238)
- Law and Society (14193)
- Comparative and Foreign Law (14189)
- Indigenous, Indian, and Aboriginal Law (13891)
- Human Rights Law (12397)
- Criminal Procedure (12138)
- Legal Profession (11764)
- Labor and Employment Law (11214)
- Business Organizations Law (10841)
- Arts and Humanities (10760)
- Sociology (10407)
- Legal History (10126)
- Legal Studies (9830)
- Jurisprudence (9380)
- Torts (9029)
- Science and Technology Law (8869)
- Property Law and Real Estate (8428)
- Institution
-
- Brigham Young University Law School (37259)
- University of Michigan Law School (21876)
- Duke Law (14433)
- Fordham Law School (13354)
- Maurer School of Law: Indiana University (11955)
-
- University of Oklahoma College of Law (11890)
- Yeshiva University, Cardozo School of Law (11639)
- Case Western Reserve University School of Law (10937)
- Southern Methodist University (10248)
- William & Mary Law School (9545)
- American University Washington College of Law (9084)
- UC Law SF (8937)
- Northwestern Pritzker School of Law (8932)
- University of North Carolina School of Law (8816)
- Notre Dame Law School (8270)
- Vanderbilt University Law School (8036)
- University of South Carolina (7598)
- University of Minnesota Law School (7371)
- University of Missouri School of Law (7283)
- University of Colorado Law School (7223)
- Cornell University Law School (7212)
- University of Kentucky (6982)
- Washington and Lee University School of Law (6932)
- Louisiana State University Law Center (6749)
- Marquette University Law School (6614)
- University of Chicago Law School (6521)
- Seton Hall University (6206)
- University of Washington School of Law (6131)
- University of Richmond (6128)
- Chicago-Kent College of Law (5733)
- Keyword
-
- Law (6240)
- Constitutional law (3550)
- International law (3385)
- Supreme Court (3336)
- Human rights (3209)
-
- Constitutional Law (2989)
- United States (2676)
- First Amendment (2673)
- Copyright (2559)
- Constitution (2548)
- Discrimination (2519)
- Evidence (2257)
- International Law (2257)
- Criminal law (2247)
- Regulation (2192)
- Jurisprudence (2116)
- United States Supreme Court (2103)
- University of Michigan Law School (2099)
- Privacy (2074)
- History (2072)
- Intellectual property (1971)
- Philosophy (1966)
- Legislation (1937)
- Politics (1908)
- Legal education (1897)
- Jurisdiction (1886)
- Ethics (1866)
- Courts (1798)
- Law students (1784)
- Contracts (1776)
- Publication Year
-
- 2026 (8442)
- 2025 (10681)
- 2024 (11010)
- 2023 (11461)
- 2022 (14814)
-
- 2021 (13118)
- 2020 (12792)
- 2019 (12031)
- 2018 (13582)
- 2017 (14029)
- 2016 (15252)
- 2015 (14367)
- 2014 (12633)
- 2013 (12809)
- 2012 (13467)
- 2011 (11713)
- 2010 (11500)
- 2009 (11222)
- 2008 (10762)
- 2007 (10562)
- 2006 (11383)
- 2005 (10106)
- 2004 (9706)
- 2003 (8876)
- 2002 (8369)
- 2001 (9193)
- 2000 (8642)
- 1999 (7801)
- 1998 (7681)
- 1992 (7930)
- Publication
-
- Faculty Scholarship (21669)
- Articles (11555)
- Michigan Law Review (11196)
- Faculty Publications (8737)
- American Indian and Alaskan Native Documents in the Congressional Serial Set: 1817-1899 (8590)
-
- Utah Court of Appeals Briefs (through 1995) (6781)
- Journal of Criminal Law and Criminology (6683)
- Utah Court of Appeals Briefs (1996–2006) (6653)
- North Carolina Law Review (6028)
- Louisiana Law Review (5640)
- Fordham Law Review (5051)
- Indiana Law Journal (4891)
- Scholarly Works (4761)
- West Virginia Law Review (4375)
- Marquette Law Review (4292)
- Utah Supreme Court Briefs (cases filed before 1965) (4290)
- Law and Contemporary Problems (4157)
- SMU Law Review (4072)
- Utah Supreme Court Briefs (through 1999) (4057)
- Utah Court of Appeals Briefs (2007– 2019) (4013)
- Case Western Reserve Law Review (3960)
- Missouri Law Review (3758)
- Vanderbilt Law Review (3653)
- Kentucky Law Journal (3638)
- South Carolina Law Review (3466)
- Notre Dame Law Review (3373)
- Utah Supreme Court Briefs (2000–2020) (3368)
- Utah Supreme Court Briefs (1965 –) (3367)
- Washington Law Review (3365)
- Washington and Lee Law Review (3361)
- Publication Type
Articles 40711 - 40740 of 546126
Full-Text Articles in Law
Model Legal Processes For Court Ordered Mental Health Treatment - A Modern Approach, Brian D. Shannon
Model Legal Processes For Court Ordered Mental Health Treatment - A Modern Approach, Brian D. Shannon
FIU Law Review
The United States Conference of Chief Justices and Conference of State Court Administrators established the National Judicial Task Force to Examine State Courts’ Response to Mental Illness in 2019. As part of its overall efforts, the National Judicial Task Force then partnered with the Equitas Project of Mental Health Colorado to appoint a select workgroup to develop model statutory language for court-ordered mental health treatment, emergency psychiatric intervention, medication over objection, and criminal matters involving persons with mental illness. This Model Legal Processes Workgroup included judges, psychiatrists, medical school professors, law professors, and others whose goal was to draft model …
A Game Theory View Of Family Law: Planning For A 500% Family Tax, Steven J. Willis
A Game Theory View Of Family Law: Planning For A 500% Family Tax, Steven J. Willis
FIU Law Review
Divorces involve money, which can prompt fierce legal battles. These include family obligations for child support, alimony, and property division. Small income changes can have huge consequences. For example, a $1,000 income increase can result in $5,000 of increased family obligations. A $10,000 increase can produce $50,000 of obligations. Or a $10,000 decrease can result in $50,000 of reduced obligations.
A Free Speech-Based Response To Media Polarization, R. George Wright
A Free Speech-Based Response To Media Polarization, R. George Wright
FIU Law Review
The degree of polarization, distrust, and animosity in the political elements of our social media have reached remarkable levels. But any attempt to address the relevant problems that requires legal enforcement inevitably raises serious issues of free speech and free press. Relying instead on fact checkers has its own numerous, substantial, and inevitable limitations, some of which parallel the very problems sought to be addressed. More promising are political social media reforms, akin to that proposed herein, that are voluntary, generally pluralistic and critical, reflective of the relevant social science evidence, and unlikely to raise problems of free speech and …
How Florida’S Courts Should Evaluate The Admissibility Of Field Sobriety Testing And Blood Thc Levels Evidence In Marijuana Impaired Driving Prosecutions, Christopher Bomhoff
How Florida’S Courts Should Evaluate The Admissibility Of Field Sobriety Testing And Blood Thc Levels Evidence In Marijuana Impaired Driving Prosecutions, Christopher Bomhoff
FIU Law Review
Field sobriety and blood alcohol concentration tests are proven reliable techniques to determine whether a person us under the influence of alcohol. No such technique has been developed to reliably determine whether a person is under the influence of marijuana. However, despite a lack of scientific consensus regarding the reliability of field sobriety and blood toxicology tests to determine marijuana impairment, these methods are routinely used as evidence of guilt in marijuana impaired driving prosecutions. Twenty-four states have legalized the recreational use of marijuana, and Florida appears to be set to join them in the near future. As a result …
Baby Steps: Why The Florida Supreme Court’S New Parental Leave Continuance Rule Reinvigorates The Fmla’S Underlying Gender Equity Goals Within The Legal Profession And Why More States Should Follow Suit, Katie B. Miesner
FIU Law Review
Although women are enrolling in law school and joining the legal profession in significant numbers, law firms are struggling to retain female lawyers. This poses a significant challenge to achieving gender equity at the highest levels of the legal profession, prompting several important questions: Why are women leaving the profession early; what policies or changes should be implemented to address this problem; and who is best suited to lead these efforts? One of the main reasons women leave the profession early is due to their disproportionate caregiving responsibilities. In response, both public and private measures have been introduced to address …
The Who’S 75th Anniversary: Who At A Pivotal Moment In History, Lawrence O. Gostin, Danwood Mzikenge Chirwa, Helen Clark, Roojin Habibi, Björn Kümmel, Jemilah Mahmood, Benjamin Mason Meier, Winnie Mpanju-Shumbusho, K. Srinath Reddy, Attiya Waris, Miriam Were
The Who’S 75th Anniversary: Who At A Pivotal Moment In History, Lawrence O. Gostin, Danwood Mzikenge Chirwa, Helen Clark, Roojin Habibi, Björn Kümmel, Jemilah Mahmood, Benjamin Mason Meier, Winnie Mpanju-Shumbusho, K. Srinath Reddy, Attiya Waris, Miriam Were
Georgetown Law Faculty Publications and Other Works
The World Health Organisation (WHO) was inaugurated in 1948 to bring the world together to ensure the highest attainable standard of health for all. Establishing health governance under the United Nations (UN), WHO was seen as the preeminent leader in public health, promoting a healthier world following the destruction of World War II and ensuring global solidarity to prevent disease and promote health. Its constitutional function would be ‘to act as the directing and coordinating authority on international health work’. Yet today, as the world commemorates WHO’s 75th anniversary, it faces a historic global health crisis, with governments presenting challenges …
Infrastructuring The Digital Public Sphere, Julie E. Cohen
Infrastructuring The Digital Public Sphere, Julie E. Cohen
Georgetown Law Faculty Publications and Other Works
The idea of a "public sphere"--a shared, ideologically neutral domain where ideas and arguments may be shared, encountered, and contested--serves as a powerful imaginary in legal and policy discourse, informing both assumptions about how public communication works and ideals to which inevitably imperfect realities are compared. In debates about feasible and legally permissible content governance mechanisms for digital platforms, the public sphere ideal has counseled attention to questions of ownership and control rather than to other, arguably more pressing questions about systemic configuration. This essay interrogates such debates through the lens of infrastructure, with particular reference to the ways that …
On Selected Current Financial Market Problems, Iwona Dorota Czechowska, Edyta Rutkowska-Tomaszewska
On Selected Current Financial Market Problems, Iwona Dorota Czechowska, Edyta Rutkowska-Tomaszewska
internetowy Kwartalnik Antymonopolowy i Regulacyjny (internet Quarterly on Antitrust and Regulation)
From the issue’s thematic editors
Table Of Contents
internetowy Kwartalnik Antymonopolowy i Regulacyjny (internet Quarterly on Antitrust and Regulation)
Table of contents
Entire Issue Vol. 12 No. 7
internetowy Kwartalnik Antymonopolowy i Regulacyjny (internet Quarterly on Antitrust and Regulation)
Vol. 12(7)
Maritime Governance : Contextual Factors Affecting Implementation Of Imo Instruments, Deniece Aiken
Maritime Governance : Contextual Factors Affecting Implementation Of Imo Instruments, Deniece Aiken
World Maritime University Ph.D. Dissertations
Maritime governance has been generally described as a complex set of rules and regulations developed for the regulation of shipping. The maritime industry is responsible for transporting over 80% of global trade, and involves interrelations between international bodies, state parties, non-governmental organizations, shipping companies and other stakeholders which, in itself, brings about many intricacies. Regulation of this sector is informed by a constant interplay amongst the various actors centred around the development of international regulations at the International Maritime Organization (IMO), the implementation of these regulations within the national jurisdictions of Member States and the reporting of regulatory outcomes. Whilst …
Harmonisation In The Rules Governing The Recognition Of Foreign Judicial Ship Sales, Yingfeng Shao
Harmonisation In The Rules Governing The Recognition Of Foreign Judicial Ship Sales, Yingfeng Shao
World Maritime University Ph.D. Dissertations
Ships, the high-value asset used in both seagoing and inland navigation, and in which various legal and natural persons have interests, must be secured against legal risks arising from any cross-border legal divergence. Legal certainty of ownership of the ship is therefore desirable but it is under challenge with regard to the judicial sale of a ship: the effects of a judicial sale may be denied in a jurisdiction other than the place where it was sold under the principles of state jurisdiction.
Multiple efforts have been made to address legal uncertainty. Particularly important is a new treaty governing the …
Standing, Nominal Damages, And Nominal Damages "Workarounds" In Intellectual Property Law After Transunion, Thomas F. Cotter
Standing, Nominal Damages, And Nominal Damages "Workarounds" In Intellectual Property Law After Transunion, Thomas F. Cotter
Articles
In June 2021, the United States Supreme Court held, in TransUnion LLC v. Ramirez, that plaintiffs lack standing to assert claims for statutory damages under the Fair Credit Reporting Act unless they can demonstrate “concrete harm” arising from those violations. Although TransUnion was not a case involving intellectual property (“IP”) rights, if the rationale of the decision is that Congress cannot authorize federal courts to entertain claims for statutory damages unless the plaintiff shows that it has suffered actual harm, some common monetary awards for the infringement of IP rights — specifically, statutory damages, reasonable royalties, and (in design patent …
Constitutional Review Of Federal Tax Legislation, Reuven S. Avi-Yonah, Yoseph M. Edrey
Constitutional Review Of Federal Tax Legislation, Reuven S. Avi-Yonah, Yoseph M. Edrey
Articles
What does the Constitution mean when it says that “The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States” (U.S. Const. Article I, Section 8, Clause 1)?
The definition of “tax” for constitutional purposes has become important considering the Supreme Court’s 2012 decision in National Federation of Independent Business v. Sebelius (“NFIB”), in which Chief Justice Roberts for the Court upheld the constitutionality of the individual mandate of the Patient Protection and Affordable Care Act (“ACA”) under the taxing …
A New Framework For Taxing Cryptocurrencies, Reuven S. Avi-Yonah, Mohanad Salaimi
A New Framework For Taxing Cryptocurrencies, Reuven S. Avi-Yonah, Mohanad Salaimi
Articles
This Article explores the tax law challenges associated with the taxation of cryptocurrencies and offers proposals to address such challenges. The Article addresses the proper tax treatment of different cryptocurrency transactions and activities. It examines various aspects associated with the taxation of cryptocurrency through its life cycle, starting from earning cryptocurrency, through its disposal or exchange. The Article also examines the tax treatment of two special crypto events, hard forks and airdrops. Specifically, this Article describes a proposal to tax cryptocurrencies based on their unique features. It argues that various ways of earning or receiving crypto tokens (for example, mining …
The Credibility Effect: Defamation Law And Audiences, Yonathan A. Arbel
The Credibility Effect: Defamation Law And Audiences, Yonathan A. Arbel
Articles
What should be the legal response to false statements? In the context of defamation law, courts try to set a standard that balances the interests of speakers and their potential targets. This article empirically demonstrates an unappreciated effect of such decisions on third parties: a credibility effect. Using a series of lab experiments, I find that defamation law makes individuals more trusting of reports from various media. This credibility effect is desirable when the report is true but can lead to unintended consequences in the case of misinformation. In particular, the credibility effect is shown to cast a stigma on …
Crying Wolf: Neo-Patriots, Critical Race Theory, And The Constitutional Protection Of "Dangerous" Ideas, Bryan K. Fair
Crying Wolf: Neo-Patriots, Critical Race Theory, And The Constitutional Protection Of "Dangerous" Ideas, Bryan K. Fair
Articles
Most Americans do not realize that, notwithstanding the First Amendment's free speech guarantee, for most of our nation's history, judges sent men and women to prison for expressing ideas considered too "dangerous." It was not until the late 1960s that the Supreme Court rejected the clear and present danger doctrine, insisting that statutes banning speech must draw a distinction between advocacy of ideas and advocacy of imminent lawless action. The Court held that under that constitutional norm, the government could not send a Klansman to prison for expressing racist, anti-Semitic, or otherwise dangerous or offensive ideas. Since then, banning the …
Policing Protest: Speech, Space, Crime, And The Jury, Jenny E. Carroll
Policing Protest: Speech, Space, Crime, And The Jury, Jenny E. Carroll
Articles
Speech is more than just an individual right-it can serve as a catalyst for democratically driven revolution and reform, particularly for minority or marginalized positions. In the past decade, the nation has experienced a rise in mass protests. However, dissent and disobedience in the form of such protests is not without consequences. While the First Amendment promises broad rights of speech and assembly, these rights are not absolute. Criminal law regularly curtails such rights - either by directly regulating speech as speech or by imposing incidental burdens on speech as it seeks to promote other state interests. This Feature examines …
The Public Voice Of The Defender, Russell M. Gold, Kay L. Levine
The Public Voice Of The Defender, Russell M. Gold, Kay L. Levine
Articles
For decades police and prosecutors have controlled the public narrative about criminal law. The news landscape features salacious stories of violent crimes while ignoring the more mundane but far more prevalent minor cases that clog the court dockets. Defenders, faced with overwhelming caseloads and fear that speaking out may harm their clients, have largely ceded the opportunity to offer a counternarrative based on what they see every day. Defenders tell each other about the overuse of pretrial detention, intensive pressure to plead guilty, overzealous prosecutors, cycles of violence, and rampant constitutional violations-all of which inflict severe harm on defendants and …
From Cannabis To Crypto: Federal Reserve Discretion In Payments, Julie Andersen Hill
From Cannabis To Crypto: Federal Reserve Discretion In Payments, Julie Andersen Hill
Articles
From its inception, the Federal Reserve has operated payment systems that let banks move money for their customers. Checks, wire transfers, and electronic consumer payments all happen thanks to the Federal Reserve. Congress by statute specified which banks get access to the Fed's payment services. For more than a century, the Federal Reserve provided services to all legally eligible banks. But when the Federal Reserve received requests for payments access from a cannabis-focused credit union and a cryptocurrency custody bank (both of whom are legally eligible), it denied them. The Fed also issued sweeping guidelines claiming discretion to conduct risk …
The Public Voice Of The Defender,, Russell M. Gold, Kay L. Levine
The Public Voice Of The Defender,, Russell M. Gold, Kay L. Levine
Articles
For decades, police and prosecutors have controlled the public narrative about criminal law. The news landscape features salacious stories of violent crimes while ignoring the more mundane but far more prevalent minor cases that clog the court dockets. Defenders, faced with overwhelming caseloads and fear that speaking out may harm their clients, have largely ceded the opportunity to offer a counternarrative based on what they see every day. Defenders tell each other about the overuse of pretrial detention, intensive pressure to plead guilty, overzealous prosecutors, cycles of violence, and rampant constitutional violations-all of which inflict severe harm on defendants and …
Waste And Chemical Management In A 4°C World, Michael B. Gerrard
Waste And Chemical Management In A 4°C World, Michael B. Gerrard
Faculty Scholarship
Many chemicals and hazardous substances are kept in places that can withstand ordinary rain, but not severe storms or floods. If these events occur and the chemicals are released, people and the environment may be endangered. This Article discusses the hazards posed to chemical and waste disposal facilities by extreme weather events that would be worsened as a result of climate change, and how U.S. laws do (or do not) deal with these hazards; and considers how the law would need to change to cope with what would happen to these facilities in a potentially 4°C world. It is adapted …
Misreading Campbell: Lessons For Warhol, Shyamkrishna Balganesh, Peter S. Menell
Misreading Campbell: Lessons For Warhol, Shyamkrishna Balganesh, Peter S. Menell
Faculty Scholarship
In Andy Warhol Foundation (AWF) v. Goldsmith, the Supreme Court is set to revisit its most salient fair use precedent that introduced the idea of a “transformative use.” Purporting to rely on the Court’s adoption of “transformative use” as a way of understanding the fair use doctrine in Campbell v. Acuff-Rose Music, Inc., many lower courts, including the district court below, have effectively substituted an amorphous “transformativeness” inquiry for the full statutory framework and factors that Congress and Campbell prescribe. At the oral argument in AWF, the Justices focused on how the transformativeness of a work might …
New York's Green Amendment: The First Decisions, Michael B. Gerrard, Edward Mctiernan
New York's Green Amendment: The First Decisions, Michael B. Gerrard, Edward Mctiernan
Faculty Scholarship
On Nov. 2, 2021, the voters of New York by a margin of more than 2-1 approved an environmental rights amendment to the Bill of Rights in the New York State Constitution. Article I Section 19 reads in its entirety: “Environmental Rights. Each person shall have a right to clean air and water, and a healthful environment.” In the little more than a year since then, one of the great questions in New York environmental law has been — what does this mean? It looks significant, but just how much? That is left to the courts to decide. We now …
China In The Wto Twenty Years On: How To Mend A Broken Relationship?, Petros C. Mavroidis, André Sapir
China In The Wto Twenty Years On: How To Mend A Broken Relationship?, Petros C. Mavroidis, André Sapir
Faculty Scholarship
China’s participation in the World Trade Organization (WTO) has been a rollercoaster of milestones and frictions. China has emerged as a leading trading nation, which has contributed to the expansion of world trade. Some of its trading partners, however, and most vocally the United States, complain that China has reached its new status by eluding its WTO commitments. Under President Trump, the United States reacted strongly against China, almost bringing the WTO(but not China!) to its knees. These actions have been criticized in different ways: Some underline their unilateral character (and the ensuing legal issues they raise), whereas others focus …
The Rise And Fall Of A Reproductive Right: Dobbs V. Jackson Women’S Health Organization, Carol Sanger
The Rise And Fall Of A Reproductive Right: Dobbs V. Jackson Women’S Health Organization, Carol Sanger
Faculty Scholarship
Although the phrase “Post-Roe Era” is still used by those who want to underscore the loss wrought last June by Dobbs v. Jackson Women’s Health Organization, it is only a matter of time before the present state of reproductive constitutionalism solidifies into the more authoritarian “Dobbs Era.” In these early days of transition, states are still figuring out what they want the legal status of abortion to be, ever since Dobbs overruled both Roe v. Wade and Planned Parenthood of Southeastern Pennsylvania v. Casey, thus tossing the issue of abortion’s legality back to the states for …
Political Equality, Gender, And Democratic Legitimation In Dobbs, Aliza Forman-Rabinovici, Olatunde C.A. Johnson
Political Equality, Gender, And Democratic Legitimation In Dobbs, Aliza Forman-Rabinovici, Olatunde C.A. Johnson
Faculty Scholarship
This Article examines the U.S. Supreme Court’s ruling in Dobbs v. Jackson Women’s Health Organization, demonstrating how the Court deploys new arguments about women’s political equality — alongside long-standing arguments about federalism and judicial minimalism — to legitimate the overruling of Roe v. Wade. In contending that abortion rights are better determined by legislatures, the Dobbs Court advances a thin conceptual account of democracy and political equality that ignores a range of anti-democratic features of the political process that shape abortion policy — such as partisan politics and gerrymandering — as well the absence of women in the …
Status Report On Principles Of International And Human Rights Law Relevant To Climate Change, Katelyn Horne, Maria Antonia Tigre, Michael B. Gerrard
Status Report On Principles Of International And Human Rights Law Relevant To Climate Change, Katelyn Horne, Maria Antonia Tigre, Michael B. Gerrard
Faculty Scholarship
The report aims to provide high-level guidance on the legal issues to be analyzed by the ICJ on the advisory opinion request on climate change. The status report addresses (i) advisory proceedings before the ICJ, including the Court’s jurisdiction and procedure (Section II), and (ii) key legal principles relevant to the request for an advisory opinion, including principles of international environmental law and international human rights law (Section III). The report identified, in a non-exhaustive manner, key relevant principles of international environmental law, key relevant principles of international human rights law, and issues of intergenerational equities that apply to the …
New York Adopts Nation’S Strongest Environmental Justice Law, Michael B. Gerrard, Edward Mctiernan
New York Adopts Nation’S Strongest Environmental Justice Law, Michael B. Gerrard, Edward Mctiernan
Faculty Scholarship
On March 3, New York Gov. Kathy Hochul signed the strongest environmental justice (EJ) law in the United States. While federal guidelines and the laws of some other states — notably California, Massachusetts, and Washington — require analysis, disclosure and consideration of EJ issues, only a New Jersey law adopted in 2020 imposed substantive limitations, as we discussed in our May 12, 2021, column. New York’s new law—building on enactments in 2019 and 2020 — is even more restrictive.
The new law — which we’ll call the EJL — provides that the Department of Environmental Conservation(DEC) “shall not issue an …
Passive Exit, Joshua Mitts
Passive Exit, Joshua Mitts
Faculty Scholarship
In recent years, securities lending — making shares available for borrowing by short sellers who “sell first and buy later” — has been an object of increasing regulatory attention. Securities lending is linked to the growth of passive investing because large, buy-and-hold passive investors are among the largest lenders of portfolio securities. But relatively little is understood about the relationship between securities lending and passive investing. In this Article, I show how securities lending allows passive investors to generate revenue from a decline in the value of their investment portfolios in addition to borrowing fees determined by demand from the …