The Marketplace of Ideas: Should the SEC change the rules on blockholder disclosure?

The CLS Blue Sky Blog presents Part II of the third installment of our series, “The Marketplace of Ideas.” Earlier installments on different topics are available here and hereThe intent is to present different perspectives on the same subject by two or more authors.

Today, the subject is how the SEC should respond to Dodd Frank’s invitation to rethink the disclosure of beneficial ownership under Section 13(d). We have asked a number of experts for their views.

In Part I of this installment, available here, we heard from Professors Ronald J. Gilson of Columbia Law School and Stanford Law School, Jeffrey N. Gordon of Columbia Law School, and  John C. Coffee, Jr. of Columbia Law School.

This Part brings us The Truth About Shareholder Activism by Paul C. Hilal, a partner at Pershing Square Capital Management L.P., and Our Debate on the Williams Act and Shareholder Activism: Takeaways for the SEC by Robert J. Jackson, Jr. of Columbia Law School.

Commentary on these posts is encouraged.