Law Professors and the Securities and Exchange Commission
J. Robert Brown |
Friday, May 9, 2008 at 11:00AM 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.



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