Education, Business, & Law

How undisclosed SEC investigations lead to insider trading

Should companies go public sooner about the fact that the SEC is investigating them? Daniel Taylor, a professor of accounting at Wharton, investigated this question in a research paper titled, “Undisclosed SEC Investigations,” which considers whether insiders gain an unfair advantage in being able to sell shares before the information hits the market.

Penn Today Staff



In the News


Bloomberg

House Democrats, insurance industry face off on pandemic plans

Howard Kunreuther of the Wharton School said the proposed Pandemic Risk Insurance Act would require the government to take on too much risk and proposed an alternative program that would more evenly distribute responsibility between policyholders, the insurance industry, and the government.

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WAMU Radio (Washington, D.C.)

Social media usage is at an all-time high. That could mean a nightmare for democracy

Pinar Yildirim of the Wharton School spoke about the uptick in social media usage amidst the pandemic and about its impact on politics. “If you asked me two months ago, I would have had very different predictions about social media’s role on the election,” she said. “But now it’s become the primary source of information and social communication.”

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Inside Higher Ed

Education is a team sport

Peter Decherney of the School of Arts & Sciences and a Rice University colleague wrote about the role of university staff in supporting online education.

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The Hill

Incentives for COVID recovery: A single-edged sword?

Chris William Sanchirico of the Law School wrote about Sen. Mitch McConnell’s efforts to pass legislation shielding employers from liability as businesses reopen and employees return to work.

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The Washington Post

Retiring to a sunny foreign vacation spot was the American dream. Now the coronavirus is forcing some expats to come back

Olivia Mitchell of the Wharton School said expat retirees tend to stay abroad until their health begins decline, at which point access to U.S. medical care and family becomes a high priority. “This epidemic may hasten that return flow for people on the edge of that, who are starting to struggle with taking care of themselves,” she said.

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