The featured reading for the first session is the Brandeis chapter from Other People's Money. We will start our conversation with this piece. Please also look over the Berle and Means excerpt from the Analytical Methods book as well as the Douglas & Bates article, both written in the early thirties around the time New Deal reforms were being adopted. The final reading for this session is a more substantial law review article from the 1960's, roughly thirty years after the New Deal. Although a bit technical, it's a famous article. Try to read through at least the introductory pages and consider how it relates to the Securities Act of 1933, which is the focus of the Douglas & Bates piece. Again, good luck and see you for our first session (presumably September 18th in WCC 3016).
This article offers an earlier and somewhat simpler version of Professor Romano's perspective on securities regulation, drawing more explicitly on earlier work of her own and others related to the market for corporate charters. It may offer a more straight forward point of entry than her later Theoretical Inquiries article and is an entirely appropriate alternative reading for our second session. Good luck.
This short article is then-Professor Elizabeth Warren's original presentation of the ideas that led to the creation of the Consumer Financial Protection Bureau. Her subsequent co-authored paper with Professor Oren Bar-Gil amplify many of these ideas in a more academic presentation.