Harvard Business Law Review (HBLR)

The Harvard Business Law Review (HBLR) aims to be the premier journal covering the laws of business organization and capital markets. HBLR will publish articles from professors, practitioners, and policymakers on corporate law and governance, securities and capital markets law, financial regulation and financial institutions, law and finance, financial distress and bankruptcy, and related subjects.

Volume 4

An Evaluation Of The U.S. Regulatory Response to Systemic Risk and Failure Posed by Derivatives

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Download PDF Kimberly Summe* Derivatives, understood by few but disparaged by many, are often blamed for the collapse of the United States economy in the wake of Lehman Brothers’ bankruptcy in September 2008.[1] A legislative response to the crisis was inescapable and on … [Read more...] about An Evaluation Of The U.S. Regulatory Response to Systemic Risk and Failure Posed by Derivatives

Making Equity Crowdfunding Work for the Unaccredited Crowd

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Download PDF Jeff Thomas* I.       Introduction The idea behind equity crowdfunding is both simple and revolutionary. Entrepreneurs will be able to use the Internet to pitch business ideas to millions of potential investors and allow “anyone with a few dollars to spend … [Read more...] about Making Equity Crowdfunding Work for the Unaccredited Crowd

The CFTC’s Cross-Border Guidance for Swaps and Substituted Compliance Regime

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Download PDF James Schwartz* The derivatives market was seen as having contributed substantially to the financial crisis of 2007–08.[1] This led to efforts to regulate derivatives in many of the countries in which their use was commonplace.[2] Historically, the swaps market … [Read more...] about The CFTC’s Cross-Border Guidance for Swaps and Substituted Compliance Regime

The Regulatory Challenge Of Distributed Generation

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Download PDF David B. Raskin*    I.   Introduction Recent published reports point toward a growing conviction that the demand for utility service from the U.S. electric grid may soon decline, perhaps substantially, due to the expanding use of distributed generation.[1] … [Read more...] about The Regulatory Challenge Of Distributed Generation

Investing in U.S. Pipeline Infrastructure: Could the Proposed Master Limited Partnerships Parity Act Spur New Investment?

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Download PDF Linda E. Carlisle, Daniel A. Hagan and Jane E. Rueger* The so-called “shale revolution” has upset traditional notions of supply and demand centers for natural gas and crude oil. Demand centers in the Northeast traditionally needed to import natural gas or oil … [Read more...] about Investing in U.S. Pipeline Infrastructure: Could the Proposed Master Limited Partnerships Parity Act Spur New Investment?