| Autor: |
BRODSKY, RICHARD E. |
| Předmět: |
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| Zdroj: |
American University Business Law Review; 2019, Vol. 8 Issue 1, p23-65, 43p |
| Abstrakt: |
In the last three decades, many scholarly articles have critically examined the constitutionality of what might be called the "architecture" of governmental -- and sometimes nominally private -- entities in which Congress has vested the authority to regulate specific areas of the economy. In the past decade, there has been a trickle of Supreme Court decisions dealing with the same issues. By "architecture," I refer to the structure and governance of these entities. Noticeably absent from these discussions has been the Municipal Securities Rulemaking Board, a little-known entity created by an Act of Congress in 1975 to promulgate rules governing the municipal securities markets. This article seeks to subject the architecture of the MSRB to serious scrutiny. The purpose is not to weaken municipal securities regulation but to determine whether seemingly suitable regulation has been achieved at the cost of dubious constitutionality. [ABSTRACT FROM AUTHOR] |
| Databáze: |
Complementary Index |
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