BY: Michael Coleman, RBFL Student Editor What does the Russian invasion of Ukraine have to do with housing affordability in the United States? While perhaps not the proximate cause of rising housing costs, a domino-effect of Vladimir Putin’s quest for hegemony of the Crimean Peninsula and beyond has had considerable impact on much of the […]
BY: Taylor Miller, RBFL Student Editor In June 2022, the Securities and Exchange Commission (SEC) announced a new proposed rule that would require certain disclosures from investment advisers and investment companies on their environmental, social, and governance practices. This rule follows in the wake of the European Union’s Sustainable Finance Disclosure Regulation passed in 2018. […]
BY: Eugena Liu, RBFL Editor On September 23, 2021, in the United Food and Commercial Workers Union and Participating Food Industry Employers Tri-State Pension Fund v. Zuckerberg, the Delaware Supreme Court adopted a new three-part test as a universal test in determining demand futility. The Zuckerberg test combined the Aronson and Rales, two governing demand […]
BY: Nicole Rosker, RBFL Editor Every winter, almost 1.5 million people visit Aspen to ski its legendary slopes. Every summer, Martha’s Vineyard’s population springs from 17,000 to 200,000. These famous destination towns are so successful at attracting affluent vacationers that they enjoy nicknames like “Billionaire Mountain” and “Hollywood East.” But stripped of their romantic infamy, […]
BY: Noah Adams, RBFL Student Editor In April of 2022, Twitter accepted a $44 billion takeover bid from Elon Musk, which would see the Tesla and SpaceX CEO take the social media company private. Musk, a self-proclaimed free-speech absolutist, declared that his acquisition of Twitter was essential to protect the virtual town square from harmful […]
BY: Will Frigerio, RBFL Student Editor On March 21, 2022, the Securities and Exchange Commission proposed a rule that would require public companies to include climate related disclosures on registration statements and periodic reports. The proposed rule has prompted strong responses, both in support of the rule and arguing against it. Many commentators have questioned […]
BY: Jacob Chaas, RBFL Editor The laboratory of financial engineering’s latest concoction has received mixed reviews by pundits. Lauded by some as a “Technicolor Dreamcoat” and criticized as a “Frankenstein” by others, the collateralized fund obligation (“CFO”) transaction has seen an explosion in popularity in recent years. Naturally, these novel transactions raise new concerns for […]
BY: Jaclyn Rothenberg, RBFL Student Editor On April 11, 2022, the SEC proposed a new rule: The Enhancement and Standardization of Climate-Related Disclosures for Investors. This rule adds a new subpart to Regulation S-K, which includes three types of emissions disclosures. Scope 1 disclosure requires a company to disclose information about its direct greenhouse gas […]
BY: Kiana Lozzi, RBFL Student Editor Artists’ incomes have significantly shifted from mechanical to performance royalties and the next shift should be to music NFTs. NFTs, or “non-fungible tokens,” are data units that are stored on a blockchain that transfer ownership of either physical things or digital media. Additionally, NFTs have given artists an opportunity […]
BY: Roshni Parikh, RBFL Student Editor Cryptocurrency (‘crypto’) has permeated through the financial world as a popular investing tool that is relatively easy to use. The problem is that it is inherently risky, if not dangerous, and is not considered a sophisticated investment space due to its fraudulent features, anonymity, and decentralization. The Federal Trade […]