Download this Paper Open PDF in Browser

Protecting the Retail Investor in an Age of Financial Uncertainty

University of Dayton Law Review, Vol. 34, 2009

U of Cincinnati Public Law Research Paper No. 09-15

27 Pages Posted: 16 Jul 2009 Last revised: 6 Aug 2009

Barbara Black

University of Cincinnati - College of Law

Date Written: July 15th, 2009

Abstract

This essay, originating in a presentation made at the University of Dayton School of Law's Fallout from the Bailout Symposium on March 20, 2009, first sets forth some comparisons between other recent financial crises and the 2008 financial meltdown. It then provides an assessment of the SEC's role during the financial crisis and concludes with a review of the key provisions of the Obama Administration's proposed financial regulatory reform that affect the SEC and investor protection. The Obama proposal offers no redesign of the SEC, relying instead on SEC Chairman Mary Schapiro's commitment to re-energize and re-commit the agency to investor protection. It remains very much to be seen whether these efforts will be sufficient to protect the retail investor from future fraud and to restore her confidence in the markets.

Keywords: financial meltdown, SEC, investor protection, retail investor

Suggested Citation

Black, Barbara, Protecting the Retail Investor in an Age of Financial Uncertainty (July 15th, 2009). U of Cincinnati Public Law Research Paper No. 09-15. Available at SSRN: https://ssrn.com/abstract=1433797

Barbara Black (Contact Author)

University of Cincinnati - College of Law ( email )

P.O. Box 210040
Cincinnati, OH 45221-0040
United States

Paper statistics

Downloads
276
Rank
91,856
Abstract Views
1,874