Robuta

Sponsor of the Day: Jerkmate
https://clsbluesky.law.columbia.edu/2024/08/27/skadden-discusses-banking-agencies-increasing-scrutiny-of-bank-fintech-partnerships/ Skadden Discusses Banking Agencies’ Increasing Scrutiny of Bank-Fintech Partnerships | CLS Blue Sky... On July 25, 2024, the U.S. prudential bank regulators released a Joint Statement on Banks’ Arrangements With Third Parties To Deliver Bank Deposit Products and... cls blue skyskadden discussesbank fintechbankingincreasing https://clsbluesky.law.columbia.edu/author/charles-mcclure/ Charles McClure | CLS Blue Sky Blog cls blue skycharlesmcclureblog https://clsbluesky.law.columbia.edu/2021/06/01/iss-offers-a-covid-19-update-investor-related-class-actions/ ISS Offers a COVID-19 Update: Investor Related Class Actions | CLS Blue Sky Blog In March 2020, as the Coronavirus pandemic started to spread across the U.S. and wreak volatility in the stock market, securities class action complaints... covid 19 updatecls blue skyclass actionsissoffers https://clsbluesky.law.columbia.edu/2022/06/23/corporate-criminal-liability-for-esg-initiatives-is-on-its-way/ Corporate Criminal Liability for ESG Initiatives Is on Its Way | CLS Blue Sky Blog The Securities and Exchange Commission (“SEC”) has signaled that it wants to increase enforcement against “greenwashing” – misrepresentation of a company’s... cls blue skycorporate criminalesg initiativesliabilityway https://clsbluesky.law.columbia.edu/2023/02/24/a-top-doj-official-speaks-on-corporate-enforcement-and-compliance/ A Top DOJ Official Speaks on Corporate Enforcement and Compliance | CLS Blue Sky Blog Thank you, Brian, for the kind introduction. It’s great to be here with all of you. Today, I will share a snapshot of our 2022 enforcement results as well as... compliance cls bluedoj officialcorporate enforcementsky blogtop https://clsbluesky.law.columbia.edu/2021/10/05/covid-19-corporate-leverage-and-financial-fragility/ COVID-19, Corporate Leverage, and Financial Fragility | CLS Blue Sky Blog U.S. firms that were most affected by the pandemic, in terms of drop in demand, likely face a debt overhang and increased risk of default. cls blue skycovid 19corporateleveragefinancial https://clsbluesky.law.columbia.edu/author/jonathan-s-kolodner-rahul-mukhi-and-michael-kowiak/ Jonathan S. Kolodner, Rahul Mukhi and Michael Kowiak | CLS Blue Sky Blog cls blue skyjonathanrahulmukhimichael https://clsbluesky.law.columbia.edu/2024/03/25/sec-chair-speaks-on-mandatory-disclosure-at-conference-honoring-john-c-coffee-jr/ SEC Chair Speaks on Mandatory Disclosure at Conference Honoring John C. Coffee, Jr. | CLS Blue Sky... Today, Columbia is honoring Jack Coffee, a leader of securities law scholarship and policy. I hope Columbia one day might invite me back to celebrate your... jr cls bluesec chairmandatory disclosurespeaksconference https://clsbluesky.law.columbia.edu/2020/10/19/has-the-stock-market-become-less-representative-of-the-economy/ Has the Stock Market Become Less Representative of the Economy? | CLS Blue Sky Blog In the summer of 2020, with the U.S. economy bearing the impact of the COVID-19 pandemic, the unemployment rate was as high as it had been any time since 1948,... cls blue skystock marketbecome lessrepresentativeeconomy https://clsbluesky.law.columbia.edu/2025/01/16/paul-weiss-discusses-business-groups-suit-seeking-to-set-aside-new-hsr-rules/ Paul Weiss Discusses Business Groups’ Suit Seeking to Set Aside New HSR Rules | CLS Blue Sky Blog On January 10, 2025, the U.S. Chamber of Commerce, Business Roundtable, American Investment Council and a local chamber of commerce filed a complaint... paul weiss discussesrules cls blueset asidenew hsrsky blog https://clsbluesky.law.columbia.edu/2025/07/07/paul-weiss-discusses-dismissal-of-section-11-suit-on-traceability-grounds/ Paul Weiss Discusses Dismissal of Section 11 Suit on Traceability Grounds | CLS Blue Sky Blog On June 23, 2025, the District Court for the Northern District of California dismissed a Section 11 claim where non-executive employees of the issuer were... paul weiss discussescls blue skysection 11dismissalsuit https://clsbluesky.law.columbia.edu/author/gary-gensler/ Gary Gensler | CLS Blue Sky Blog cls blue skygary genslerblog https://clsbluesky.law.columbia.edu/2021/05/19/cahill-gordon-discusses-sec-rules-under-holding-foreign-companies-accountable-act/ Cahill Gordon Discusses SEC Rules Under Holding Foreign Companies Accountable Act | CLS Blue Sky... The Securities and Exchange Commission (the “SEC”) has adopted interim final rules[1] to implement the Congressionally-mandated document submision and... cls blue skycahill gordondiscusses secforeign companiesrules https://clsbluesky.law.columbia.edu/2025/07/18/how-co-opted-boards-lead-to-anti-takeover-provisions-and-weaker-governance/ How Co-Opted Boards Lead to Anti-Takeover Provisions – and Weaker Governance | CLS Blue Sky Blog In a new paper, we explore the relationship between co-opted directors and firms’ anti-takeover provision (ATPs). We argue that the relationship can be viewed... governance cls bluesky blogcooptedboards https://clsbluesky.law.columbia.edu/author/m-vahid-irani-gerard-pinto-and-donghang-zhang/ M. Vahid Irani, Gerard Pinto and Donghang Zhang | CLS Blue Sky Blog cls blue skyvahidiranigerardpinto https://clsbluesky.law.columbia.edu/2022/11/17/ftc-chair-khan-on-the-enforcement-policy-regarding-unfair-methods-of-competition/ FTC Chair Khan on the Enforcement Policy Regarding Unfair Methods of Competition | CLS Blue Sky Blog When Congress passed the FTC Act in 1914, it didn’t just create a new agency. It created new law for that agency to enforce. Section 5 of the Act provides that... cls blue skyenforcement policyftcchairkhan https://clsbluesky.law.columbia.edu/author/talia-gillis/ Talia Gillis | CLS Blue Sky Blog cls blue skytaliagillisblog https://clsbluesky.law.columbia.edu/author/nizan-packin/ Nizan Packin | CLS Blue Sky Blog cls blue skypackinblog https://clsbluesky.law.columbia.edu/2026/01/12/how-hedge-fund-activism-contributes-to-the-retreat-from-corporate-science/ How Hedge Fund Activism Contributes to the Retreat from Corporate Science | CLS Blue Sky Blog Corporations have long played a central role in the development of science, producing foundational advances that have reshaped entire fields. Yet these... cls blue skyhedge fundactivismcontributesretreat https://clsbluesky.law.columbia.edu/author/pengfei-ye-qingsheng-zeng-and-cheng-zhang/ Pengfei Ye, Qingsheng Zeng and Cheng Zhang | CLS Blue Sky Blog cls blue skycheng zhangyezengblog https://clsbluesky.law.columbia.edu/2023/06/14/paul-weiss-discusses-secs-new-clawback-listing-standards/ Paul Weiss Discusses SEC’s New Clawback Listing Standards | CLS Blue Sky Blog The SEC has approved the clawback listing standards of the New York Stock Exchange and Nasdaq. As noted previously, the clawback listing standards will take... paul weiss discussescls blue skylisting standardsnewclawback https://clsbluesky.law.columbia.edu/2022/07/08/paul-hastings-discusses-japanese-poison-pills-without-shareholders-blessing/ Paul Hastings Discusses Japanese Poison Pills Without Shareholders’ Blessing | CLS Blue Sky Blog In many jurisdictions, poison pills are devised and implemented by the board of directors without shareholders being involved. Since the 2007 Supreme Court... cls blue skypaul hastingsdiscussesjapanesepoison https://clsbluesky.law.columbia.edu/2021/09/07/the-strategic-use-of-13f-restatements-by-hedge-funds/ The Strategic Use of Form 13F Restatements by Hedge Funds | CLS Blue Sky Blog We analyze 13F restatements among hedge funds and make several important findings, including that the funds use restatements strategically. cls blue skystrategic usehedge fundsform13f https://clsbluesky.law.columbia.edu/2024/01/22/how-to-curb-abuses-of-insider-abstention-and-rule-10b5-1-plans/ How to Curb Abuses of Insider Abstention and Rule 10b5-1 Plans | CLS Blue Sky Blog Company insiders will typically possess material non-public information (MNPI) about their companies. To allow them to trade, the SEC in 2000 adopted Rule... rule 10b5 1cls blue skycurbabusesinsider https://clsbluesky.law.columbia.edu/2024/05/22/can-decentralized-finance-promote-democracy/ Can Decentralized Finance Promote Democracy? | CLS Blue Sky Blog In a recent paper, I draw a rough map of the vast field of decentralized finance (DeFi). DeFi serves as an umbrella term for financial platform transactions... cls blue skydecentralized financepromotedemocracyblog https://clsbluesky.law.columbia.edu/author/david-blass-justin-browder-anne-choe-michael-osnato-and-michael-passalacqua/ David Blass, Justin Browder, Anne Choe, Michael Osnato and Michael Passalacqua | CLS Blue Sky Blog cls blue skydavidblassjustinbrowder https://clsbluesky.law.columbia.edu/author/anita-b-bandy-andrew-m-lawrence-daniel-michael-and-hannah-henderson/ Anita B. Bandy, Andrew M. Lawrence, Daniel Michael and Hannah Henderson | CLS Blue Sky Blog cls blue skyanitabandyandrewlawrence https://clsbluesky.law.columbia.edu/2020/11/10/the-push-towards-corporate-guidelines/ The Push Towards Corporate Guidelines | CLS Blue Sky Blog There is clear evidence for the power of corporate guidelines, which supplement active voting and engagement as an effective governance tool. cls blue skypush towardscorporateguidelinesblog https://clsbluesky.law.columbia.edu/author/eorozco/ eorozco | CLS Blue Sky Blog cls blue skyblog https://clsbluesky.law.columbia.edu/2024/04/10/how-to-regulate-fintech-crypto-assets-defi-and-other-financial-innovations/ How to Regulate FinTech, Crypto Assets, DeFi, and Other Financial Innovations | CLS Blue Sky Blog In a new article, I attempt to build a systematic framework for regulating FinTech-driven innovations. In doing so, I clarify and simplify the confusing... cls blue skyfintech cryptofinancial innovationsregulateassets https://clsbluesky.law.columbia.edu/author/john-carlin/ John Carlin | CLS Blue Sky Blog cls blue skyjohncarlinblog https://clsbluesky.law.columbia.edu/author/paul-hodgson/ Paul Hodgson | CLS Blue Sky Blog cls blue skypaulhodgsonblog https://clsbluesky.law.columbia.edu/2023/11/30/debevoise-discusses-secs-division-of-enforcement-year-end-results/ Debevoise Discusses SEC’s Division of Enforcement Year-End Results | CLS Blue Sky Blog On November 14, 2023, the U.S. Securities and Exchange Commission’s (“SEC” or “Commission”) Division of Enforcement (“Division”) announced its enforcement... year end resultscls blue skydebevoisediscussesdivision https://clsbluesky.law.columbia.edu/author/giovanni-strampelli/ Giovanni Strampelli | CLS Blue Sky Blog cls blue skygiovanniblog https://clsbluesky.law.columbia.edu/author/securities-and-exchange-commission/ Securities and Exchange Commission | CLS Blue Sky Blog cls blue skyexchange commissionsecuritiesblog https://clsbluesky.law.columbia.edu/2023/08/15/time-for-private-equity-to-separate-the-green-from-the-greenwashing/ Time for Private Equity to Separate the Green from the Greenwashing | CLS Blue Sky Blog It is de rigueur to label everything as sustainable – including in private equity. In a new working paper, we examine the claims of the top 100 private equity... cls blue skyprivate equitytimeseparategreen https://clsbluesky.law.columbia.edu/author/gurbir-grewal/ Gurbir Grewal | CLS Blue Sky Blog cls blue skygurbirgrewalblog https://clsbluesky.law.columbia.edu/2022/04/29/sec-commissioner-speaks-on-ipos-and-the-rise-of-spacs/ SEC Commissioner Speaks on IPOs and the Rise of SPACs | CLS Blue Sky Blog Thank you Hal [Scott] for that kind introduction and for inviting me to speak today. I am honored to precede such an esteemed panel of practitioners and... sec commissioner speakscls blue skyiposrisespacs https://clsbluesky.law.columbia.edu/author/alexander-i-platt/ Alexander Platt | CLS Blue Sky Blog cls blue skyalexanderplattblog https://clsbluesky.law.columbia.edu/2025/03/24/the-section-122-revolution-and-what-to-do-about-it/ The “Section 122 Revolution” and What to Do About It | CLS Blue Sky Blog Under Section 141 of the Delaware General Corporation Law, a corporate board could theoretically create a committee consisting of a single director, call her... cls blue sky122blog https://clsbluesky.law.columbia.edu/2024/11/21/the-rhetoric-and-reality-of-shareholder-profit-maximization/ The Rhetoric and Reality of Shareholder Profit Maximization | CLS Blue Sky Blog The corporate purpose debate pits shareholder profit maximization (SPM) against stakeholderism: Corporations should only serve the financial interests of their... cls blue skyprofit maximizationrhetoricrealityshareholder https://clsbluesky.law.columbia.edu/author/roye-zur/ Roye Zur | CLS Blue Sky Blog cls blue skyroyezurblog https://clsbluesky.law.columbia.edu/author/helena-grannis/ Helena Grannis | CLS Blue Sky Blog cls blue skyhelenablog https://clsbluesky.law.columbia.edu/author/joseph-a-franco/ Joseph A. Franco | CLS Blue Sky Blog cls blue skyjosephfrancoblog https://clsbluesky.law.columbia.edu/author/robert-j-jackson-jr/ Robert J. Jackson, Jr. | CLS Blue Sky Blog jr cls bluesky blogrobertjackson https://clsbluesky.law.columbia.edu/author/ariadna-dumitrescu-albane-tarnaud-and-mohammed-zakriya/ Ariadna Dumitrescu, Albane Tarnaud and Mohammed Zakriya | CLS Blue Sky Blog cls blue skyariadnadumitrescualbanemohammed https://clsbluesky.law.columbia.edu/2023/10/25/sec-enforcement-chief-speaks-on-corporate-compliance/ SEC Enforcement Chief Speaks on Corporate Compliance | CLS Blue Sky Blog I’d like to start by returning to a theme that I’ve touched on before, and that is how public trust in our institutions is faltering.[1] No sector is immune... compliance cls bluesec enforcementchief speakssky blogcorporate https://clsbluesky.law.columbia.edu/2020/12/24/chairman-claytons-farewell-to-the-sec/ Chairman Clayton’s Farewell to the SEC | CLS Blue Sky Blog I recently submitted a letter to President Donald J. Trump informing him that today, December 23, 2020, will be my last day as Chairman of the Securities and... cls blue skychairmanfarewellsecblog https://clsbluesky.law.columbia.edu/2024/10/09/morrison-foerster-discusses-secs-active-enforcement-of-tender-offer-rules/ Morrison & Foerster Discusses SEC’s Active Enforcement of Tender Offer Rules | CLS Blue Sky Blog On September 6, 2024, the United States Securities and Exchange Commission (the SEC) charged Esmark Inc. (“Esmark”) and its Founder/Chairman and former CEO... morrison foerster discussesrules cls bluetender offersky blogactive https://clsbluesky.law.columbia.edu/author/john-f-savarese-kevin-s-schwartz-noah-b-yavitz-and-adam-l-goodman/ John F. Savarese, Kevin S. Schwartz, Noah B. Yavitz and Adam L. Goodman | CLS Blue Sky Blog cls blue skyjohn fsavaresekevinschwartz https://clsbluesky.law.columbia.edu/2025/11/20/advisory-proxy-resolutions-are-more-important-than-ever/ Advisory Proxy Resolutions Are More Important Than Ever | CLS Blue Sky Blog U.S. Supreme Court Justice Anthony Kennedy observed in the Citizens United decision that shareholders of publicly traded companies could employ the procedures... cls blue skyadvisoryproxyresolutionsimportant https://clsbluesky.law.columbia.edu/author/dan-awrey/ Dan Awrey | CLS Blue Sky Blog cls blue skydanblog https://clsbluesky.law.columbia.edu/author/barney-reynolds/ Barney Reynolds | CLS Blue Sky Blog cls blue skybarneyreynoldsblog https://clsbluesky.law.columbia.edu/author/david-rivkin-natalie-reid-samantha-rowe-matthew-kaplan-and-gregory-lyons/ David Rivkin, Natalie Reid, Samantha Rowe, Matthew Kaplan and Gregory Lyons | CLS Blue Sky Blog cls blue skydavidrivkinnataliereid https://clsbluesky.law.columbia.edu/2025/05/23/enhancing-investor-margin-transparency-for-centrally-cleared-derivatives/ Enhancing Investor Margin Transparency for Centrally Cleared Derivatives | CLS Blue Sky Blog Margins serve as a critical mechanism for mitigating default risk in centrally cleared derivatives. Brokerage firms, acting as intermediaries, may impose... cls blue skyenhancinginvestormargintransparency https://clsbluesky.law.columbia.edu/2024/04/02/are-securities-class-actions-appropriate-to-address-secondary-trading-crypto-fraud/ Are Securities Class Actions Appropriate to Address Secondary-Trading Crypto Fraud? | CLS Blue Sky... Traders in the United States now routinely trade hundreds of crypto assets in secondary crypto markets, and the pool of tradable assets is growing. Through... cls blue skysecurities classsecondary tradingcrypto fraudactions https://clsbluesky.law.columbia.edu/author/adam-o-emmerich/ Adam O. Emmerich | CLS Blue Sky Blog cls blue skyadamemmerichblog https://clsbluesky.law.columbia.edu/2025/11/12/how-strategic-vagueness-helps-gatekeepers-offer-guidance-without-being-gamed/ How Strategic Vagueness Helps Gatekeepers Offer Guidance Without Being Gamed | CLS Blue Sky Blog In many economic settings, gatekeepers play a central role. For example, auditors verify public firms’ financial statements, lawyers sign off on transactions... cls blue skyoffer guidancestrategicvaguenesshelps https://clsbluesky.law.columbia.edu/author/hester-m-peirce/ Hester M. Peirce | CLS Blue Sky Blog cls blue skyhesterpeirceblog https://clsbluesky.law.columbia.edu/2023/03/14/activist-shareholders-in-corporate-governance-lessons-from-australia/ Activist Shareholders in Corporate Governance: Lessons from Australia | CLS Blue Sky Blog Much of the debate about activist shareholders is informed by experience in Northern Hemisphere markets, particularly the United States. In my recently... cls blue skycorporate governanceactivistshareholderslessons https://clsbluesky.law.columbia.edu/2026/04/15/self-binding-corporations/ Self-Binding Corporations | CLS Blue Sky Blog The charters for Boeing and Google, two of the largest corporations in history, run just seven and eleven pages long, respectively. These charters say almost... cls blue skyself bindingcorporationsblog https://clsbluesky.law.columbia.edu/2023/08/11/how-to-restore-shareholder-agency-with-pass-through-voting/ How to Restore Shareholder Agency With Pass-Through Voting | CLS Blue Sky Blog Sign up for an investment account, and you will likely be presented with a dizzying range of investment products. The industry caters to investors with... cls blue skyrestoreshareholderagencypass https://clsbluesky.law.columbia.edu/2024/11/20/sec-acting-enforcement-chief-speaks-on-protecting-investors-and-promoting-compliance/ SEC Acting Enforcement Chief Speaks on Protecting Investors and Promoting Compliance | CLS Blue Sky... I’d like to take the opportunity today to reflect on some of the goals and intentions that then-Director Gurbir Grewal and I, as his deputy, discussed when we... compliance cls blueenforcement chiefsecactingspeaks https://clsbluesky.law.columbia.edu/2025/01/07/iss-discusses-the-latest-in-esg-and-stewardship-regulation/ ISS Discusses the Latest in ESG and Stewardship Regulation | CLS Blue Sky Blog INTERNATIONAL IOSCO International Organization of Securities Commissions Publishes Report on Impact of Transition Plans Disclosures The International... regulation cls blueiss discussessky bloglatestesg https://clsbluesky.law.columbia.edu/author/luca-enriques/ Luca Enriques | CLS Blue Sky Blog cls blue skylucablog https://clsbluesky.law.columbia.edu/author/matteo-gatti/ Matteo Gatti | CLS Blue Sky Blog cls blue skymatteogattiblog https://clsbluesky.law.columbia.edu/2021/01/11/paul-weiss-discusses-antitrust-enforcement-early-in-the-near-term/ Paul Weiss Discusses Antitrust Enforcement in the Near Term | CLS Blue Sky Blog President-elect Biden has yet to name the officials who will oversee antitrust enforcement in his administration. Therefore, the focus of the administration’s... paul weiss discussescls blue skyantitrust enforcementnear termblog https://clsbluesky.law.columbia.edu/author/brian-johnson/ Brian Johnson | CLS Blue Sky Blog cls blue skybrian johnsonblog https://clsbluesky.law.columbia.edu/2022/02/03/what-role-do-boards-play-in-companies-with-visionary-ceos/ What Role Do Boards Play in Companies with Visionary CEOs? | CLS Blue Sky Blog CEOs, in particular founder-CEOs, are often visionaries with strong beliefs about the right strategic direction for their firms. For example, Apple CEO and... cls blue skyroleboardsplaycompanies https://clsbluesky.law.columbia.edu/2021/04/19/shearman-sterling-discusses-how-uk-banking-is-affecting-global-fintech/ Shearman & Sterling Discusses How UK Banking Is Affecting Global FinTech | CLS Blue Sky Blog In an increasingly virtual world, law and regulation act as a vital safety net for businesses. The nature of that safety net varies, depending on the... cls blue skyuk bankingaffecting globalshearmansterling https://clsbluesky.law.columbia.edu/author/shira-cohen-igor-kadach-and-gaizka-ormazabal/ Shira Cohen, Igor Kadach and Gaizka Ormazabal | CLS Blue Sky Blog cls blue skyshiracohenigorormazabal https://clsbluesky.law.columbia.edu/2023/12/18/two-sec-commissioners-oppose-denial-of-coinbase-petition-for-crypto-rulemaking/ Two SEC Commissioners Oppose Denial of Coinbase Petition for Crypto Rulemaking | CLS Blue Sky Blog The Commission has denied the Petition for Rulemaking filed on behalf of Coinbase Global, Inc. (“Petitioner”) on July 21, 2022.[1] We disagree with the... cls blue skytwoseccommissionersoppose https://clsbluesky.law.columbia.edu/2023/01/17/market-practices-and-the-awareness-use-problem-in-insider-trading-law/ Market Practices and the Awareness/Use Problem in Insider Trading Law | CLS Blue Sky Blog In a new article, I respond to an article by Professor Andrew Verstein concerning the awareness/use problem in insider-trading law. As many readers know, this... cls blue skymarket practicesinsider tradingawarenessuse https://clsbluesky.law.columbia.edu/2021/08/02/mcmillan-discusses-key-considerations-in-implementing-shareholder-votes-on-climate/ McMillan Discusses Key Considerations in Implementing Shareholder Votes on Climate | CLS Blue Sky... As the momentum of shareholder engagement on climate-related matters continues to grow across the globe, including in Canada, these issues remain a key focus... cls blue skydiscusses keymcmillanconsiderationsimplementing https://clsbluesky.law.columbia.edu/2023/10/03/the-rise-of-big-tech-has-significant-implications-for-global-financial-regulation/ The Rise of Big Tech Has Significant Implications for Global Financial Regulation | CLS Blue Sky... Big technology (Big Tech) firms – globally active digital platforms or tech companies – generate extensive user data that allow them to engage in a variety of... regulation cls bluebig techsignificant implicationsglobal financialrise https://clsbluesky.law.columbia.edu/author/yvette-d-valdez/ Yvette D. Valdez | CLS Blue Sky Blog cls blue skyyvettevaldezblog https://clsbluesky.law.columbia.edu/2026/01/26/sullivan-cromwell-discusses-use-of-artificial-intelligence-tools-in-ma-transactions/ Sullivan & Cromwell Discusses Use of Artificial Intelligence Tools in M&A Transactions | CLS Blue... sullivan cromwell discussesartificial intelligence toolscls blueusetransactions https://clsbluesky.law.columbia.edu/author/wachtell-lipton-rosen-katz/ Wachtell, Lipton, Rosen & Katz | CLS Blue Sky Blog cls blue skywachtell liptonrosenkatzblog https://clsbluesky.law.columbia.edu/2023/04/04/do-political-anti-esg-sanctions-have-any-economic-substance/ Do Political Anti-ESG Sanctions Have Any Economic Substance? | CLS Blue Sky Blog In a recent paper, we examine the economic impacts of a new Texas law to throw light on whether the often-heated political debate over environmental, social,... cls blue skyanti esgpoliticalsanctionseconomic https://clsbluesky.law.columbia.edu/2021/03/31/latham-watkins-discusses-new-cftc-climate-risk-unit/ Latham & Watkins Discusses New CFTC Climate Risk Unit | CLS Blue Sky Blog On March 17, 2021, the Commodity Futures Trading Commission (CFTC) announced the establishment of an interdivisional Climate Risk Unit (CRU) to assess the... cls blue skylatham watkinsdiscusses newclimate riskcftc https://clsbluesky.law.columbia.edu/2024/02/12/how-collaboration-is-stifling-innovation-in-the-music-streaming-market/ How Collaboration Is Stifling Innovation in the Music Streaming Market | CLS Blue Sky Blog The subscription streaming market, dominated by some of the world’s most innovative companies (Spotify, Apple, Amazon, and Google) is surprisingly homogenous:... cls blue skystifling innovationmusic streamingcollaborationmarket https://clsbluesky.law.columbia.edu/2023/01/09/perceptions-of-regulatory-uncertainty-in-antitrust-practices/ Perceptions of Regulatory Uncertainty in Antitrust Practices | CLS Blue Sky Blog cls blue skyregulatory uncertaintyperceptionsantitrustpractices https://clsbluesky.law.columbia.edu/author/kish/ Kish Parella | CLS Blue Sky Blog cls blue skykishparellablog https://clsbluesky.law.columbia.edu/author/charlotte-k-newell/ Charlotte K. Newell | CLS Blue Sky Blog cls blue skycharlottenewellblog https://clsbluesky.law.columbia.edu/2023/01/25/cadwalader-discusses-new-sec-rule-10b5-1-trading-plan-rules/ Cadwalader Discusses New SEC Rule 10b5-1 Trading Plan Rules | CLS Blue Sky Blog On December 14, 2022, the U.S. Securities and Exchange Commission (“SEC”) unanimously adopted final rules adding new conditions applicable to Rule 10b5-1... rule 10b5 1rules cls bluediscusses newtrading plansky blog https://clsbluesky.law.columbia.edu/2025/06/17/davis-polk-discusses-uks-new-consumer-protection-regime/ Davis Polk Discusses UK’s New Consumer Protection Regime | CLS Blue Sky Blog On 6 April 2025, the consumer protection provisions of the Digital Markets, Competition and Consumers Act 2024 (DMCC Act) came into force. The UK Competition... davis polk discussescls blue skynew consumerprotectionregime https://clsbluesky.law.columbia.edu/2025/01/21/the-implications-of-allowing-companies-to-police-themselves/ The Implications of Allowing Companies to Police Themselves | CLS Blue Sky Blog A notable trend has emerged: outsourcing non-monetary sanctions to firms that enforce penalties internally and more efficiently for employee misconduct. In a... cls blue skyimplicationsallowingcompaniespolice https://clsbluesky.law.columbia.edu/2023/01/19/paul-weiss-discusses-the-state-of-antitrust-enforcement-at-the-beginning-of-2023/ Paul Weiss Discusses the State of Antitrust Enforcement at the Beginning of 2023 | CLS Blue Sky Blog 2022 was an active year for the U.S. federal antitrust enforcement agencies. There were important developments in all key areas of the agencies’ remit, from... paul weiss discussescls blue skyantitrust enforcementstatebeginning https://clsbluesky.law.columbia.edu/author/alex-kim-and-valeri-v-nikolaev/ Alex Kim and Valeri V. Nikolaev | CLS Blue Sky Blog cls blue skyalex kimvalerinikolaevblog https://clsbluesky.law.columbia.edu/2023/05/22/the-data-on-how-state-and-federal-courts-enforce-forum-selection-clauses/ The Data on How State and Federal Courts Enforce Forum Selection Clauses | CLS Blue Sky Blog The United States legal system is immensely complex. There are state courts and federal courts, state statutes and federal statutes, state common law and... cls blue skyfederal courtsdatastateenforce https://clsbluesky.law.columbia.edu/2023/01/27/cleary-gottlieb-discusses-the-secs-disclosure-agenda-and-corporate-governance/ Cleary Gottlieb Discusses the SEC’s Disclosure Agenda and Corporate Governance | CLS Blue Sky Blog In 2022, public companies witnessed a new kind of corporate governance activism. New rules and regulations from the Securities and Exchange Commission (the... cleary gottlieb discussesgovernance cls bluesky blogdisclosureagenda https://clsbluesky.law.columbia.edu/author/david-larcker/ David F. Larcker | CLS Blue Sky Blog cls blue skydavid fblog https://clsbluesky.law.columbia.edu/2023/05/30/the-financialization-of-crypto/ How Crypto Has Become Vulnerable to Problems of Traditional Finance | CLS Blue Sky Blog The year 2022 was an annus horribilis for the crypto ecosystem. The combination of the collapse of the FTX group,[1] the failure of Terra’s UST stablecoin,[2]... cls blue skytraditional financecryptobecomevulnerable https://clsbluesky.law.columbia.edu/2021/06/02/law-enforcements-lochner/ Law Enforcement’s Lochner | CLS Blue Sky Blog My latest article explains how the government's easy access to corporate information under constitutional doctrine may come under pressure. cls blue skylawblog https://clsbluesky.law.columbia.edu/2021/01/25/paul-hastings-discusses-proposed-cyber-incident-reporting-rule-for-banks/ Paul Hastings Discusses Proposed Cyber Incident Reporting Rule for Banks | CLS Blue Sky Blog Federal financial regulatory agencies, including the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation (“FDIC”), and... cyber incident reportingcls blue skypaul hastingsdiscussesproposed https://clsbluesky.law.columbia.edu/2022/03/29/unpacking-the-secs-climate-related-disclosures-a-quick-tour-of-the-issues/ Unpacking the SEC’s Climate-Related Disclosures: A Quick Tour of the Issues | CLS Blue Sky Blog [Editor's Note: We present this and the following two pieces as a symposium on the U.S. Securities and Exchange Commission's proposed climate-disclosure rules... climate related disclosurescls blue skyquick tourunpackingissues https://clsbluesky.law.columbia.edu/2022/01/31/paul-weiss-discusses-doj-antitrust-division-heads-approach-to-merger-remedies/ Paul Weiss Discusses DOJ Antitrust Division Head’s Approach to Merger Remedies | CLS Blue Sky Blog In a January 24 speech, Jonathan Kanter, the assistant attorney general in charge of the Antitrust Division of the DOJ, set forth his views on how the DOJ... paul weiss discussescls blue skydoj antitrustdivisionapproach https://clsbluesky.law.columbia.edu/author/richard-a-booth/ Richard A. Booth | CLS Blue Sky Blog cls blue skyrichardboothblog https://clsbluesky.law.columbia.edu/author/alan-levine-emily-barry-and-michael-gao/ Alan Levine, Emily Barry and Michael Gao | CLS Blue Sky Blog cls blue skyalanlevineemilybarry https://clsbluesky.law.columbia.edu/2021/07/12/the-evolution-of-environmental-discourse-in-conference-calls/ The Evolution of Environmental Discourse in Conference Calls | CLS Blue Sky Blog In a new paper, we address demand for environmental information by examining the extent to which the topic is addressed in conference calls. cls blue skyconference callsevolutionenvironmentaldiscourse