December 01, 2006

My new column in the Times (UK) Online is up this morning, and discusses yesterday's issuance of the much anticipated Paulson Committee report on the need to revive flagging U.S. competitiveness in international capital markets by reforming the workings of our securities and class-action law. (Dec. 1). For more on the work of the Committee on Capital Markets Regulation, see PoL Oct. 19, Nov. 30, Dec. 1, etc. (cross-posted from Overlawyered).

P.S. Some other reaction to the committee's report: D and O Diary (and here), Wired GC, Kirkendall, TigerHawk, and (rounding up opponents' reactions) WSJ Law Blog. The Economist adds its views, and my Manhattan Institute colleague Julia Vitullo-Martin has this new commentary on the New York vs. London city rivalry more generally.