Wayne State University Law School

AIM HIGHER

Promo 10

Faculty Accomplishments July 2009

Associate Professor of Law Linda Beale serves as a contributing blogger on the Angry Bear blog, a blog that was recently listed by the Wall Street Journal as among the "top 25" economics blogs. Angry Bear highlights topics as varied as worldwide trade, industrial production, US government programs and regulations like Social Security. Professor Beale also maintains her own blog, A Taxing Matter.

Professor of Law Stephen Calkins conducted a workshop on July 18-19, 2009, in Ocho Rios, Jamaica, for Caribbean judges organized by the Jamaican Fair Trading Commission on "Restrictive Agreements - Vertical and Horizontal."

Professor of Law Peter Henning testified before the U.S. House of Representatives Subcommittee on Oversight and Investigations at a hearing on "Preventing Unfair Trading by Government Officials" on July 13, 2009.

In his prepared testimony, Hennings addressed four issues:

  1. The Scope of the Insider Trading Prohibition
  2. Insider Trading and the SEC Staff
  3. The STOCK Act (H.R. 682)
  4. Favoring Personal Financial Interests

Click here to read Professor Hennings' recommendations and full statement.

Professor of Law Stephen Calkins testified before the U.S. House of Representatives Subcommittee on Commerce, Trade, and Consumer Protection at a hearing on the proposed Consumer Protection Agency Act of 2009.

In his prepared statement, Calkins made three points:

  1. The Federal Trade Commission ("FTC" or "Commission") is an extraordinary agency with unique attributes and a unique role, and, although by no means perfect, it has performed its mission well. Many of the consumer protection laws that now protect consumers reflect work done by the agency in the consumer financial services area.
  2. The proposed Consumer Protection Agency Act of 2009 would fundamentally change the functioning of the agency, both with respect to protection of consumers in the financial services market and more generally.
  3. Before imposing these restrictions on the Commission's authority, Congress should consider carefully whether the gains outweigh the harms and whether those gains could be achieved without causing such extensive harm.

Click here to read Professor Calkins' recommendations and full statement.

Professor of Law Stephen Calkins spoke on "Horizontal Restraints" at the Fordham Competition Law Institute Refresher Course for Experienced Agency Staff and Judges in July in New York.