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

NBC News

‘A heavy price’: Two decades of war, wariness and the post-9/11 security state

Claire Finkelstein of the Law School spoke about the legal aftermath of 9/11. “The expansive view we've taken of war powers, which we view as necessary in the aftermath of 9/11, has crept into the non-war powers,” she said. “The same trends have been passed from one administration to another, and it almost doesn't matter which one you look at. It's all the same.”


NBC News

Covid long-haulers face new challenges as they head to college. Universities are listening

Jasmine Harris of the Law School said college students with lingering effects from COVID-19 may need disability accommodations. “If we do not address reasonable modifications and disability in higher ed, we risk students dropping out of programs, voluntarily or involuntarily, which means we lose the talent and skills of a growing population of young long-haulers,” she said.


The New York Times

Fed officials’ trading draws outcry and fuels calls for accountability

Peter Conti-Brown of the Wharton School spoke about the Federal Reserve’s decades-old ethics standards. “What we have now is an ethics system built on a very narrow conception of what a central bank is and should be,” he said.


The Wall Street Journal

Boeing board to face 737 MAX lawsuit

Elizabeth Pollman of the Law School weighed in on a shareholder lawsuit brought against Boeing’s board after two plane crashes. Pollman said other corporate boardrooms will take note of the lawsuit’s outcome: “They read these opinions for guidance.”



Our diplomacy must embody America's power

Laura Perna of the Graduate School of Education spoke about efforts to make community college tuition-free. "There's power in the message that tuition is free. Figuring out how much college costs is complicated," she said.