Professor of Law, Mississippi College School of Law
Professor Anderson's scholarship focuses on securities enforcement, white-collar crime, and intersections of law and philosophy (e.g., business ethics, constitutionalism, problems of pluralism, and human rights). His recent articles address the law and ethics of insider trading, the problem of how to build a just and enduring constitutional order in the face of increasing religious and cultural pluralism, and the theoretical underpinnings of our international human rights regime.
He has been published in leading peer-reviewed journals (e.g., Law & Philosophy, Journal of Law and Religion, and Contemporary Pragmatism) and in top law journals (most recently in the Journal of Corporation Law, Virginia Law & Business Review, Washington University Journal of Law & Policy, Temple Law Review, Utah Law Review, and University of Miami Law Review). Professor Anderson recently published a book with Cambridge University Press, Insider Trading: Law Ethics and Reform, and he is a frequent contributor to the Columbia Law School Blue Sky Blog.
Professor Anderson teaches Business Associations, Contracts, Constitutional Law, Comparative Constitutional Law, Evidence, International Human Rights, Jurisprudence, Securities Regulation, and White Collar Crime. He has won numerous teaching awards and was most recently voted Law School Professor of the Year for 2018-2019, and Mississippi College Distinguished Professor of the Year for 2018-2019.
Assistant Professor of Law, Michigan State University College of Law
Kevin Douglas is an Assistant Professor of Law at MSU College of Law and former Visiting Assistant Professor at Scalia Law School. He practiced law in Dallas, Texas for two years, where he represented clients in a wide variety of corporate and securities transactions. He is a graduate of Stanford Law School and earned both a bachelor’s degree in management and an MBA from Florida A & M University. His research focuses on contemporary legal and policy issues in business organization law and securities regulations.
Sam Harris Professor of Corporate Law, Corporate Finance, and Securities Law, Yale Law School
Jonathan R. Macey is Sam Harris Professor of Corporate Law, Corporate Finance, and Securities Law at Yale University, and Professor in the Yale School of Management. From 1991 – 2004, Professor Macey was J. DuPratt White Professor of Law, Director of the John M. Olin Program in Law and Economics at Cornell Law School, and Professor of Law and Business at the Cornell University Johnson Graduate School of Business. Professor Macey earned his B.A. cum laude from Harvard in 1977, and his J.D. from Yale Law School in 1982, where he was Article and Book Review editor of The Yale Law Journal. In 1996, Professor Macey received a Ph.D. honoris causa from the Stockholm School of Economics. Following law school, Professor Macey was law clerk to Judge Henry J. Friendly on the U.S. Court of Appeals for the Second Circuit.
Professor Macey is the author of several books including the two-volume treatise, Macey on Corporation Laws, published in 1998 (Aspen Law & Business), and co-author of two leading casebooks, Corporations: Including Partnerships and Limited Liability Companies (2003 Thomson West), which is in its eighth edition, and Banking Law and Regulation (2002 Aspen Law & Business), which is now in its third edition. He also is the author of over 100 scholarly articles. His recent articles have appeared in the Banking Law Journal, the University of Chicago Law Review, the Stanford Law Review, The Yale Law Journal, the Cornell Law Review, the Journal of Law and Economics, and the Brookings Wharton Papers on Financial Institutions. He has published numerous editorials in such publications as The Wall Street Journal, Forbes, The Los Angeles Times, and The National Law Journal.
Professor Macey has taught at major universities throughout the world, including Bocconi University (Milan), the University of Tokyo; the University of Toronto; the University of Turin, the University of Amsterdam Department of Finance, and the Stockholm School of Economics, Department of Law. He also has been Professor of Law at the University of Chicago (1990) and Visiting Professor of Law at Harvard Law School (1999). Professor Macey is a Senior Research Fellow at the International Centre for Economic Research (ICER) in Turin, Italy. Professor Macey also serves on the Academic Advisory Board (Comitato Scientifico) of the Associazione Disiano Preite for the study of corporate law (per lo studio del diritto dell’impresa). In 1995, Professor Macey was awarded the Paul M. Bator prize for excellence in Teaching, Scholarship and Public Service by the Federalist Society for Law and Public Policy. In 1996, he received a Ph.D., honoris causa from the Stockholm School of Economics. And in 1998, he received the D.P. Jacobs prize for the most significant paper in volume 6 of the Journal of Financial Intermediation for his paper (co-authored with Maureen O’Hara), “The Law & Economics of Best Execution.”
In 1999 Professor Macey was made an honorary Fellow of the Society For Advanced Legal Studies. In 2000, Professor Macey became a member of the Legal Advisory Committee to the Board of Directors of the New York Stock Exchange. In 2001 Professor Macey was appointed a Bertil Daniellson Distinguished Visiting Professor in Banking and Finance at the Stockholm School of Economics. In 2002 Professor Macey was appointed to the Economic Advisory Board of the National Association of Securities Dealers (NASD). In 2004 Professor Macey was awarded a Teaching Award by the Yale Law Women in recognition of his “commitment to excellence in teaching, mentoring and inspiring.” In 2005 Professor Macey became a member of the Board of Editors of Thomson West Publishing Company.
Former United States National Security Advisor
John R. Bolton served as Assistant to the President and National Security Advisor from April 2018 to September 2019.
Prior to his appointment, Ambassador Bolton served as a senior fellow at the American Enterprise Institute (AEI); of counsel at Kirkland & Ellis; a contributor to FOX News Channel and FOX Business Network; and his op-ed articles were regularly featured in major media publications.
Ambassador Bolton was appointed as United States Permanent Representative to the United Nations on August 1, 2005 and served until his resignation in December 2006. Prior to his appointment, Ambassador Bolton served as Under Secretary of State for Arms Control and International Security from May 2001 to May 2005.
Other positions he has previously held include Assistant Secretary for International Organization Affairs at the Department of State, 1989-1993; Assistant Attorney General, Department of Justice, 1985-1989; Assistant Administrator for Program and Policy Coordination, U.S. Agency for International Development, 1982-1983 and General Counsel, U.S. Agency for International Development, 1981-1982.
Ambassador Bolton is the author of Surrender is Not an Option: Defending America at the U.N. and Abroad, published by Simon and Shuster (November 2007) and How Barack Obama is Endangering our National Sovereignty, published by Encounter Books (April 2010).
Ambassador Bolton was born in Baltimore, Maryland. He graduated with a Bachelor of Arts degree, summa cum laude, Phi Beta Kappa, from Yale College in 1970, and received his Juris Doctor from Yale Law School in 1974. He currently resides in Maryland with his wife, Gretchen. They have one daughter, Jennifer Sarah, who also graduated from Yale College, and received her MBA and SM degrees from MIT in 2014 and is currently a senior manager at Nissan’s facility in Nashville.
Judge, United States Court of Appeals, Eighth Circuit
Pasco Middleton Bowman II is a federal judge on senior status on the United States Court of Appeals for the 8th Circuit. He joined the court in 1983 after being nominated by President Ronald Reagan to a seat vacated by Jesse Smith Henley. Bowman assumed senior status on August 1, 2003.
Senior Faculty, Arthur and Toni Rembe Rock Center for Corporate Governance, Stanford Law School
Joseph A. Grundfest, JD ’78, is a nationally prominent expert on capital markets, corporate governance, and securities litigation. His scholarship has been published in the Harvard, Yale, and Stanford law reviews, and he has been recognized as one of the most influential attorneys in the United States. Professor Grundfest founded the award-winning Stanford Securities Class Action Clearinghouse, which provides detailed, online information about the prosecution, defense, and settlement of federal class action securities fraud litigation. He launched Stanford Law School’s executive education programs and continues to co-direct Directors’ College, the nation’s leading venue for the continuing professional education of directors of publicly traded corporations. He is also a senior faculty member with the Arthur and Toni Rembe Rock Center for Corporate Governance. Additionally, he is co-founder and director of Financial Engines and a director of Kohlberg, Kravis, Roberts & Co.
Before joining the Stanford Law School faculty in 1990, Professor Grundfest was a commissioner of the Securities and Exchange Commission, served on the staff of the President’s Council of Economic Advisors as counsel and senior economist for legal and regulatory matters, and was an associate at Wilmer, Cutler & Pickering. Early in his career he was a research associate at the Brookings Institution and an economist and consultant with the RAND Corporation.
William B. Graham Distinguished Service Professor of Law, University of Chicago Law School
Saul Levmore came to the Law School from the University of Virginia. He was the Dean of the University of Chicago Law School from 2001 to 2009, and is the William B. Graham Distinguished Service Professor of Law. He has been a visiting professor at Yale, Harvard, Michigan, and Northwestern. He has taught and written about torts, corporations, copyright, non-profit organizations, comparative law, public choice, corporate tax, commercial law, insurance, and contracts. He is a member of the American Academy of Arts and Sciences, a past president of the American Law Deans Association, and a past trustee of the Law School Admissions Council and of the Skadden Foundation. He is currently the President of the American Law and Economics Association. Away from law, he has been an advisor on corporate governance issues and on development strategies and although his work continues to be related to law and economics, and especially public choice, across many fields he has also written books on aging and on games and puzzles.
Dean Emeritus, George Mason School of Law
Lauded as a cultural laureate of the Commonwealth of Virginia, former Mason dean Henry G. Manne was the driving force behind the many innovations in legal education implemented at George Mason.
Professor Manne was designated one of the "founders" of the field of law and economics by the American Law and Economics Association. He launched the Law and Economics Center at Emory University and the University of Miami before bringing it to George Mason.
His monograph, An Intellectual History of the School of Law, George Mason University, traces the development of the law and economics movement and highlights the special contributions made by George Mason University School of Law to the movement. Professor Manne's other writings include such seminal works as Insider Trading and the Stock Market; Wall Street in Transition (with E. Solomon); and "Mergers and the Market for Corporate Control", Journal of Political Economy, April 1965. Professor Manne also designed and implemented at George Mason the nation's first system of fully integrated law school specialty track programs.
In August 2012, Dean Manne gave an oral history of his life, including his time at the Law and Economics Center, to the Securities and Exchange Commission Historical Society. An audio recording of the interview and transcript are available on the Society's website: audio (mp3); edited transcript (pdf).
He received a B.A. from Vanderbilt University (1950), J.D. from the University of Chicago (1952), J.S.D. from Yale University (1966), LL.D. from Seattle University (1987), and LL.D. from the Universidad Francesco Marroquin in Guatemala (1987).
Former United States Assistant Attorney General, Civil Rights Division, United States Department of Justice
William Bradford served as the United States Assistant Attorney General for the Civil Rights Division from 1981 to 1988.
Reynolds was Senior Counsel in BakerBotts Antitrust and Competition division. He graduated with a LL.B. from Vanderbilt University Law School in 1967 where he was Order of the Coif and Editor-in-Chief of the Vanderbilt Law Review. In 1964, he received a B.A. from Yale University.
Reynolds passed away on September 14, 2019, in Seabrook Island, South Carolina at age 77.
Counsel to Commissioner Hester M. Peirce, U.S. Securities and Exchange Commission
Thaya Brook Knight was associate director of financial regulation studies at the Cato Institute. She is an attorney with extensive experience in securities regulation, small business capital access, and capital markets. Before joining Cato, she co-founded and served as general counsel of CrowdCheck, a company providing due diligence and disclosure services in the online investing market. Following the recent financial crisis, she served as investigative counsel for the congressional oversight panel charged with overseeing the expenditure of Troubled Asset Relief Program funds. She also spent several years with the Washington office of the law firm WilmerHale, where her practice focused on securities litigation, securities enforcement defense, and corporate investigations.
She holds a BA from Middlebury College and a JD from the University of Michigan Law School.
General Counsel - International, Willis Towers Watson
Todd F. Braunstein is General Counsel - International as well as Head of Global Investigations at Willis Towers Watson, an insurance broking and consulting firm with $9 billion in revenues, 45,000 employees, and business in 140+ countries. He previously worked as a federal prosecutor, at two DC law firms, and in the White House.
A.B., Harvard College; J.D., Harvard Law School
Counsel to Commissioner Hester M. Peirce, U.S. Securities and Exchange Commission
Thaya Brook Knight was associate director of financial regulation studies at the Cato Institute. She is an attorney with extensive experience in securities regulation, small business capital access, and capital markets. Before joining Cato, she co-founded and served as general counsel of CrowdCheck, a company providing due diligence and disclosure services in the online investing market. Following the recent financial crisis, she served as investigative counsel for the congressional oversight panel charged with overseeing the expenditure of Troubled Asset Relief Program funds. She also spent several years with the Washington office of the law firm WilmerHale, where her practice focused on securities litigation, securities enforcement defense, and corporate investigations.
She holds a BA from Middlebury College and a JD from the University of Michigan Law School.
Counsel to Commissioner Hester M. Peirce, U.S. Securities and Exchange Commission
Thaya Brook Knight was associate director of financial regulation studies at the Cato Institute. She is an attorney with extensive experience in securities regulation, small business capital access, and capital markets. Before joining Cato, she co-founded and served as general counsel of CrowdCheck, a company providing due diligence and disclosure services in the online investing market. Following the recent financial crisis, she served as investigative counsel for the congressional oversight panel charged with overseeing the expenditure of Troubled Asset Relief Program funds. She also spent several years with the Washington office of the law firm WilmerHale, where her practice focused on securities litigation, securities enforcement defense, and corporate investigations.
She holds a BA from Middlebury College and a JD from the University of Michigan Law School.
General Counsel - International, Willis Towers Watson
Todd F. Braunstein is General Counsel - International as well as Head of Global Investigations at Willis Towers Watson, an insurance broking and consulting firm with $9 billion in revenues, 45,000 employees, and business in 140+ countries. He previously worked as a federal prosecutor, at two DC law firms, and in the White House.
A.B., Harvard College; J.D., Harvard Law School
General Counsel, xAI and X
Partner, Stone Pigman Walther Wittmann LLC
Mr. Thomson concentrates his practice in white collar criminal defense, government investigations, and corporate compliance. He has tried over 50 criminal trials to verdict in federal and state courts, and has experience in appellate litigation. His practice also includes civil litigation and information security. Prior to joining Stone Pigman, Mr. Thomson had a 23 year career as a federal prosecutor with the U.S. Department of Justice. He served on special assignment with the National Security Agency, where he worked on matters involving information assurance and intelligence collection.
Prior to private practice, Mr. Thomson was recognized numerous times by government agencies, including a Special Commendation Award given by the U.S. Attorney General for completing the Justice Department's Leadership Excellence and Achievement Program; Special Commendation by FBI Director for outstanding performance for successful corruption prosecution after Hurricane Katrina; Special Award from the U.S. Postal Service for prosecution of corrupt employee; Special Award by New Orleans Police Department, ATF and U.S. Department of Justice for his contributions to Project Exile; and Special Awards for Outstanding Contributions to Drug Law Enforcement from the Drug Enforcement Administration.
The Economics and Ethics of Insider Trading Reform
John Anderson, Kevin R. Douglas, Jonathan R. Macey
There was surprising momentum on the issue of insider trading reform at the start of 2020. On December...
Workshop on Problems of Insider Trading and Merger Regulations [Archive Collection]
John R. Bolton, Pasco M. Bowman, Joseph A. Grundfest, Saul Levmore, Henry G. Manne, Wm. Bradford Reynolds
On January 30-31, 1987, the Federalist Society hosted its annual National Lawyers Convention at the...
Salman v. United States - Post-Decision SCOTUScast
Thaya Brook Knight
On December 6, 2016, the Supreme Court decided Salman v. United States. Bassam Yacoub Salman...
Courthouse Steps: Salman v. US: Decision Recap - Podcast
Todd F. Braunstein
On Tuesday, December 6, the Supreme Court handed down a unanimous opinion in Salman v....
Insider Trading & the Rule of Law
Thaya Brook Knight
Insider trading is a serious crime, yet why is there no statute that explicitly prohibits...
Salman v. United States - Post-Argument SCOTUScast
Thaya Brook Knight
On October 5, 2016, the Supreme Court heard oral argument in Salman v. United States. Bassam...
Courthouse Steps: Salman v. U.S. Oral Arguments - Podcast
Todd F. Braunstein
On Wednesday, October 5, the Supreme Court heard argument in Salman v. U.S. on what constitutes a personal...
Supreme Court Declines to Hear Blockbuster Insider Trading Case: What’s Next After United States v. Newman? - Podcast
James M. Burnham, Peter M. Thomson
On October 2, 2015, the United States Supreme Court denied certiorari in United States v....
Conservative & Libertarian Legal Scholarship: Securities Law
[Return to Table of Contents] XXI. Securities Law The Form and Function of the SEC...