Video: The Biggest Issues Facing Securities Markets in the 21st Century

An esteemed panel of regulators, scholars, and lawyers gathered at Columbia Law School on March 29 to discuss Securities Market Issues for the 21st Century, a new e-book on the most important areas of inquiry for securities regulation and the financial markets. The book marks the culmination of the first phase in a multi-year New Special Study of the securities markets being conducted by the Program in the Law and Economics of Capital Markets, a joint initiative of Columbia Law School and Columbia Business School. The study is the first of its kind in more than five decades … Read more

Columbia’s Program in the Law and Economics of Capital Markets Is Hiring Post-Doc Research Fellow

Columbia Law School and Columbia Business School’s Program in the Law and Economics of Capital Markets is now accepting applications for their Post-Doctoral Research Fellow.  This position is intended for a person who expects to begin a law school teaching career at the start of the 2020-21 academic year and who desires an interim position that would help the person prepare for such a career by offering the time and facilities needed to do serious research and to develop further expertise.  A candidate should have an exceptional academic record from a major law school and have at least three years … Read more

Columbia Launches New Special Study of Securities Markets

Over the last three decades, U.S. and global securities markets have undergone tremendous change, driven by globalization, advances in information technology, and regulatory choices at the federal and international levels. The days of adventuresome floor trading and concerns of safeguarding ink-and-paper securities have given way to electronic order books within a multi-venue exchange system and to concerns about safeguarding interconnected global trade networks lead by SIFI’s. Artificial intelligence systems and distributed ledger technologies on the horizon have further potential to disrupt the landscape.

Markets today are dramatically different from those of 30 or 50 years ago, and a new comprehensive … Read more