Securities Regulation

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Wake Forest University School of Law invites lateral applications for a Distinguished Chair in Business Law to begin July 1, 2027. Although the precise course package is negotiable, preference will be given to applicants willing to teach both Contracts and Business Organizations, in addition to offerings such as Sales, Securities Regulation and/or Litigation, Mergers & Acquisitions, and Tax.

Applicants should hold (or have held) a tenured position at an accredited U.S. law school. Applicants must demonstrate a continuing dedication to high-quality research and teaching. Practice experience is preferred.

Review of applications will begin September, 2026 and continue until the position is filled. Applications should be submitted as a single document including a cover letter, curriculum vitae, statement of research interests, and the names of three references.

Please direct questions to:
Professor Jonathan Cardi, Chair, Lateral Appointments Committee
lawfacultyhiring@wfu.edu

Applications may be submitted via this link: (Careers at Wake Forest University)

Villanova University Charles Widger School of law seeks an outstanding educator-scholar to join its faculty beginning in the 2027-2028 academic year. We welcome applications from all candidates with a particular interest in candidates who teach and write in business law (e.g. business organizations, securities regulation, or corporate finance) and/or contracts/commercial law. For additional information see: jobs.villanova.edu/postings/35407

Interested applicants should send a CV, cover letter, and other supporting documents to: appointments@law.villanova.edu. All applicants must also apply through the official Villanova University posting.

Brooklyn Law School seeks applicants to fill three or more full-time, entry-level or lateral tenured or tenure-track faculty positions with an expected start date of July 1, 2027. Brooklyn welcomes candidates with teaching and research interests across all areas of law and especially invites applications from candidates with interests in civil procedure, criminal procedure (investigations), and various areas of business law and contracts, including antitrust, business associations, commercial law, corporate finance, and securities regulation.

Brooklyn Law School, an independent, freestanding law school, is a vibrant intellectual community emphasizing teaching excellence, cutting-edge scholarship, and innovative academic programs designed to prepare students for public service and private practice. Founded in 1901, the law school has a history, tradition, and mission of educating students from a wide range of backgrounds, including underrepresented communities. 

Brooklyn Law School is an Equal Opportunity employer and welcomes applicants who can contribute to our mission of fostering a vibrant and diverse community of faculty, students, and staff. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, age, or protected veteran status. Salary may range from $145,000 to $250,000, depending on experience, rank, and seniority.

The…

I am pleased and proud to report the recent publication of an article I coauthored last year with a former student, Cody Dethlefs, for the Stetson Law Review‘s 2025 symposium on Prosecutorial Discretion & White Collar Crime. The article, The Fraud Remains the Same . . . Or Does It?, explores blockchain frauds, combining my experience with securities regulation considerations and Cody’s with bank regulation. The SSRN abstract is as follows:

Although blockchain technology has proven itself to be useful and has significant potential for expanded usage, certain blockchain applications pose fraud and systemic risks. This article identifies and assesses financial fraud committed in or in connection with blockchain transactions as a form of white-collar crime. In some cases, criminal activity is facilitated—or even originated—by blockchain technology. Yet in other cases, criminal activity is merely hosted on a blockchain. Law enforcement activities relating to blockchain fraud are similarly both conventional and unique.

As the blockchain environment expands, fraudsters will indisputably continue to innovate. It will be incumbent upon enforcement agents to keep pace in an environment complicated by rapid technological advances, privacy and security protections, and cross-border activity. Increasing reliance on blockchains for financing and other…

Following on my Weinberg Center blog post back on October 27, I write today to promote participation in a survey hosted by the University of Delaware’s John L. Weinberg Center for Corporate Governance on public company Rule 14a-8 shareholder proposals under the Securities Exchange Act of 1934, as amended. The survey website explains that the Weinberg Center “seeks to gather practical insights from companies, investors, and related professionals about the scope and effectiveness of the current federal shareholder proposal rule (Rule 14a-8).” I suspect that the referenced professionals include lawyers representing both public companies and shareholders, as well as other advisors to each. More information about the survey can be found on the website.

In the spirit of that October 27 blog post, I am appreciative of the effort to gather information from a wide variety of constituents. I have taught group-oriented change leadership to undergraduate honors students here at The University of Tennessee using design thinking methods, in which the first step is undertaking to empathize. This step involves the team researching, and endeavoring to understand, the needs of various stakeholders. One design thinking website describes this first stage of a group-oriented process of innovation through design thinking…

The William S. Richardson School of Law at the University of Hawaiʻi at Mānoa invites applications for a tenure-track faculty position in Business Law to begin in Fall 2026. We seek candidates with a demonstrated record or strong potential for excellence in teaching, scholarship, and service.

We welcome applicants whose research and teaching interests include business associations, corporate law, commercial law, securities regulation, entrepreneurship, or related areas. The successful candidate will join a collegial and interdisciplinary faculty committed to teaching excellence, community engagement, and advancing justice in Hawaiʻi and beyond.
 
Applications must be submitted through the University of Hawaiʻi’s official Work at UH portal.

For full consideration, please apply by November 12, 2025.
 
For inquiries, please contact Professor Alina Ng Boyte at aboyte@hawaii.edu.

Back in June of 2024, in connection with the legislative debate in Delaware over the approval of § 122(18) of the General Corporation Law of the State of Delaware (DGCL § 122(18)), I authored a blog post in which I raised concerns about whether there was adequate understanding of the public policy impacts of the proposal to adopt DGCL § 122(18).  I then wrote:

I have one large and important question as Senate Bill 313 continues to move through the Delaware legislative process: do members of the Delaware General Assembly voting on this bill fully understand the large shift in public policy represented by the introduction of DGCL § 122(18)?  If so, then they act on an informed basis and live with the consequences, as they do with any legislation they pass that is signed into law.  If not, we all must work harder to enable that understanding.

Later that month, I authored and published a second blog post that cross-referenced the earlier blog post and offered several policy-related values relevant to the proposal.

Two-and-a-half weeks ago, I found myself affected by similar concerns about the need for serious, thoughtful policy engagement in Delaware.  The occasion was the Gala Celebration…

Call for Papers

The University of Richmond School of Law, in partnership with the University of Illinois College of Law, UCLA School of Law, and Vanderbilt Law School, invites submissions for the Twelfth Annual Workshop for Corporate & Securities Litigation. This workshop will be held on Thursday, October 23 and the morning of Friday, October 24, 2025 in Richmond, Virginia. 

Overview 

This annual workshop brings together scholars focused on corporate and securities litigation to present their scholarly works. Papers addressing any aspect of corporate and securities litigation or enforcement are eligible, including securities class actions, fiduciary duty litigation, and SEC enforcement actions. We welcome scholars working in a variety of methodologies, as well as both completed papers and works-in-progress. Authors whose papers are selected will be invited to present their work at a workshop hosted by the University of Richmond School of Law. Participants will pay for their own travel, lodging, and other expenses. 

Submissions 

If you are interested in participating, please send the paper you would like to present, or an abstract of the paper, to corpandsecworkshop@gmail.com by Friday, June 20, 2025. Please include your name, current position, and contact information in the e-mail accompanying the submission. Authors…

This Article preliminarily explores the contours of ESG information as a potential basis for unlawful insider trading under Section 10(b) of the Securities Exchange Act of 1934, as amended, and Rule 10b-5 adopted by the U.S. Securities and Exchange Commission under Section 10(b). Insider trading violations under Section 10(b) and Rule 10b-5 are rooted in a person’s (1) trading of securities while in possession of material

…

Fellow Commissioners Peirce, Crenshaw, and Uyeda offered kind words in a statement issued earlier today on Gary Gensler’s last day on the Securities and Exchange Commission (SEC). In the statement, Chair Gensler was praised for being “committed to bipartisan engagement and a respectful exchange of ideas.” The statement ended with a lovely personal testament of gratitude.

Thank you, Chair, for your leadership, your zealous advocacy on behalf of our agency and investors, and your friendship. We are proud to have served this great agency alongside you. Your extensive public service over the past thirty years cautions against saying goodbye; instead, we will say – so long for now.

Chair Gensler also released a video on YouTube relating to his departure from the SEC, which you can find here. It is a useful, quick retrospective. At just a bit more than six minutes in length, it covers a bunch. I offered it up to the students in my Securities Regulation course as something they might want to watch. Among other things, he highlights the core policy underpinnings of federal securities regulation as the video progresses.

As the new SEC takes shape, I am sure we all will have more to…