In the Press
Friday, April 16, 2021Yale Creates New Principles for Divestment from Fossil Fuels Yale Daily News
Monday, April 12, 2021Alstott Delivers Pugh Lecture Today at San Diego On Child Care Reform After The Pandemic TaxProf Blog
Sunday, April 11, 2021Republicans Can't Handle the Truth about Taxes The Hill
Sunday, April 11, 2021Bristol County Sheriff’s Office Settles Lawsuit Brought by Immigrations Detainees Dartmouth Week
Tuesday, November 29, 2005
Prof. Jonathan Macey Testifies in front of House Committee on Financial Services
Jonathan R. Macey, the Sam Harris Professor of Corporate Law, Corporate Finance, and Securities Law, testified today in a field hearing of the House Committee on Financial Services, considering the Credit Rating Agency Duopoly Relief Act of 2005.
The proposed legislation, introduced by Rep. Michael G. Fitzpatrick, would change the way the federal government regulates the agencies that provide credit ratings of companies, bonds, countries, and other institutions. Macey wrote in his prepared testimony: "The statute [Fitzpatrick] is proposing provides a valuable legislative framework that will foster more vigorous competition in the rating agency business, and provide not only better ratings but also provide strong protections for individual investors."