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Friday
May092008

Law Professors and the Securities and Exchange Commission

The White House announced yesterday that Troy Paredes, a law professor from the Washington University in St. Louis, would be appointed to the SEC in place of Paul Atkins.  For a quick overview of the articles he has written, his SSRN page is here.  He is, by the way, ranked #213 in the rankings of the top 1500 law faculty by SSRN (based upon downloads of articles/papers over the previous 12 months). 

His appointment got this Blog to thinking about the role of law professors on the Commission.  They actually have a long history of serving on the Securities and Exchange Commission, including two of the early chairmen, William O. Douglas (Yale) and James Landis (Harvard).  Bill Cary, appointed chair by Kennedy, came from academia (Columbia), as did Harold Williams, appointed by Jimmy Carter, although he was teaching in the  Graduate School of Management at the University of California.  More recent examples include Harvey Goldschmid (Columbia), Isaac Hunt (Akron), and David Ruder (Northwestern).  Chairman Cox took a year off from practice to teach at the Harvard Business School.  Others have gone on to law teaching careers, including Joe Grundfest (Stanford) and Roberta Karmel (Brooklyn).     

If anyone knows any others, send in a comment and let us know.

Reader Comments (2)

In order to be taken seriously, you may actually want to get your facts straight. Paredes is a law professor at Washington University in St. Louis, not University of Washington in St. Louis. A little research (or careful reading) goes a long way.
June 6, 2008 | Unregistered CommenterRMAK
Dutifully corrected. I hope I will now be taken seriously!
June 6, 2008 | Registered CommenterJ. Robert Brown

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