Roundtable: December 9, 2019 Reading Materials

Panel Discussion I: Index Investing

  1. Lucian A. Bebchuk, Alma Cohen & Scott Hirst, The Agency Problems of Institutional Investors, 31 J. Econ. Persp. 89 (2017).
  2. Lucian Bebchuk & Scott Hirst, The Specter of the Giant Three, 99 B.U. L. Rev. 721, 723-725 (Introduction) (2019).
  3. Lucian A. Bebchuk & Scott Hirst, Index Funds and the Future of Corporate Governance: Theory, Evidence, and Policy119 Colum. L. Rev. (forthcoming 2019), 1-11 (Introduction).
  4. John C. Coates, IV, The Future of Corporate Governance Part I: The Problem of Twelve (Harvard Public Law Working Paper No. 19-07, Sept. 20, 2018).
  5. Dorothy S. Lund, The Case Against Passive Shareholder Voting, 43 J. Corp. L. 493 (2018).
  6. Dorothy S. Lund, Nonvoting Shares and Efficient Corporate Governance, 71 Stan. L. Rev. 687 (Mar. 2019).
  7. Marcel Kahan & Edward Rock, Index Funds and Corporate Governance: Let Shareholders be Shareholders (July 18, 2019).

Panel Discussion II: Exchange-Traded Funds

  1. Henry T. C. Hu & John D. Morley, A Regulatory Framework for Exchange-Traded Funds, 91 S. Cal. L. Rev. 839-941 (2018).
  2. Henry T. C. Hu & John D. Morley, The SEC and Regulation of Exchange-Traded Funds: A Commendable Start and a Welcome Invitation, 92 S. Cal. L. Rev. 1155-1202 (2019).
  3. Henry T. C. Hu, The $5tn ETF market balances precariously on outdated rules, Financial Times, Apr. 23, 2018.  
  4. Ropes & Gray LLP, Flash Analysis: The Final ETF Rule (Sept. 27, 2019).
  5. Ropes & Gray LLP, 2019 Final ETF Rulemaking – Summary and Analysis (Oct. 15, 2019).
  6. U.S. Securities and Exchange Commission, Press Release & Fact Sheet: SEC Adopts New Rule to Modernize Regulation of Exchange-Traded Funds (Sept. 26, 2019).

Panel Discussion III: The Future of Asset Management

  1. Ross P. Buckley, Douglas W. Arner, Dirk A. Zetzsche & Eriks Selga, The Dark Side of Digital Financial Transformation: The New Risks of FinTech and the Rise of TechRisk (UNSW Law Research Paper No. 19-89, Nov. 1, 2019).
  2. Luca Enriques & Dirk A. Zetzsche, Corporate Technologies and the Tech Nirvana Fallacy (ECGI - Law Working Paper No. 457/2019, Jun. 25, 2019).
  3. Lia Mitchell, Jasmin Sethi & Aron Szapiro, Morningstar Policy Research, Regulation Best Interest Meets Opaque Practices: It’s Time to Dive Past Surface-Level Conflicts (November 2019).
  4. Rockefeller Asset Management, Applying Scenario Analysis to Actively Managed Strategies, in UN Environment – Finance Initiative, Changing Course: A Comprehensive Investor Guide to Scenario-Based Methods for Climate Risk Assessment, In Response to the TCFD, 83-6 (May 2019).