By Joel Seligman
- The deepest Securities Litigation Reform Act, which has had an important influence on inner most securities litigation after its passage in 1995
- The constitution of the securities markets (which are in a big transition due to digital Communications Networks; decimalization; overseas pageant; and the ongoing evolution to larger institutionalization of our markets in addition to the expansion of numerous new items, so much lately protection futures products)
- Municipal securities markets (which have been principally missed prior to the lately resigned Arthur Levitt)
- a number of concerns with admire to the accounting career (most particularly auditor independence and the independence of accounting standard-setting boards). moreover, this paintings makes a speciality of Chairman Levitt, whom the writer believes used to be some of the most comprehensive of the publish international conflict II chairs, and had the problem of being a Chair appointed by way of a Democratic occasion president in the course of a interval whilst Republicans managed either homes of Congress in addition to a interval of striking ferment within the securities industry.