The Supreme Court’s June 3 decision in SEC v. Zandford, 122 S. Ct. 1899, seems at first blush to be bad news for brokers – an unblemished affirmation of the SEC’s expansive view…
Abstract
The Supreme Court’s June 3 decision in SEC v. Zandford, 122 S. Ct. 1899, seems at first blush to be bad news for brokers – an unblemished affirmation of the SEC’s expansive view of broker liability. However, the opinion does set some bounds on the reach of Section 10(b) and Rule 10b‐5. And an unusual, if somewhat subtle aspect of the case is that Zandford may actually help brokerage firms move certain types of private securities class actions from state courts to the federal system, where they may be dismissed.
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Ben A. Indek, Christian J. Mixter and E. Andrew Southerling
To discuss the implications of Information Memorandum No. 05‐65, issued on September 14, 2005, in which the NYSE's Division of Enforcement explains to the Exchange community its…
Abstract
Purpose
To discuss the implications of Information Memorandum No. 05‐65, issued on September 14, 2005, in which the NYSE's Division of Enforcement explains to the Exchange community its thinking on the meaning and virtues of corporate cooperation with regulators.
Design/methodology/approach
Discusses cooperation in the context of Securities and Exchange Commission Seaboard Report and the Department of Justice Thompson Memorandum; describes the eight standards of “extraordinary cooperation” in the Information Memorandum; and discusses pitfalls such as the lack of any guarantee that a member organization and the exchange will agree on what behavior constitutes extraordinary cooperation, the need to balance prompt reporting of a problem with the need for thorough investigation, and the problem that a member firm may feel pressured to waive attorney‐client privilege to earn “cooperation points.”
Findings
The Information Memorandum is noteworthy because it attempts to fit the concept of “creditworthy” cooperation into the framework of a self‐regulatory organization by defining a new goal of “extraordinary cooperation,” and also highlights some of the dicier aspects of the “cooperative” regime under which corporate America has lived for the past four years.
Originality/value
Provides helpful interpretation of NYSE Information Memorandum No. 05‐65 and its implications for a member firm that faces an investigation.
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Charles R. McCann and Vibha Kapuria-Foreman
Robert Franklin Hoxie was of the first generation of University of Chicago economists, a figure of significance in his own time. He is often heralded as the first of the…
Abstract
Robert Franklin Hoxie was of the first generation of University of Chicago economists, a figure of significance in his own time. He is often heralded as the first of the Institutional economists and the impetus behind the field of labor economics. Yet today, his contributions appear as mere footnotes in the history of economic thought, when mentioned at all, despite the fact that in his professional and popular writings he tackled some of the most pressing problems of the day. The topics upon which he focused included bimetallism, price theory, methodology, the economics profession, socialism, syndicalism, scientific management, and trade unionism, the last being the field with which he is most closely associated. His work attracted the notice of some of the most famous economists of his time, including Frank Fetter, J. Laurence Laughlin, Thorstein Veblen, and John R. Commons. For all the promise, his suicide at the age of 48 ended what could have been a storied career. This paper is an attempt to resurrect Hoxie through a review of his life and work, placing him within the social and intellectual milieux of his time.
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Md. Anwarul Islam and Naresh Kumar Agarwal
The purpose of this study is to investigate the research and publication trends in the articles published in the conference proceedings of the Association for Information Science…
Abstract
Purpose
The purpose of this study is to investigate the research and publication trends in the articles published in the conference proceedings of the Association for Information Science & Technology (ASIS&T) since the year 2000.
Design/methodology/approach
We analyzed two decades of ASIS&T proceedings to uncover bibliometric patterns. This study uses two bibliometric procedures applied to the publications in the ASIS&T conference proceedings – a bibliometrics analysis using three data sources (Scopus, ASIS&T proceedings website and Scimago journal ranking) and a scientific mapping analysis using VOSViewer.
Findings
We found 3,129 publications from 2000 to 2020, with more than three-quarters jointly authored. Most authors are from the United States, Canada and China. Social media and information behavior are the top-researched areas. The top-cited journals are the Journal of the Association for Information Science & Technology, Information Processing and Management and Library and Information Science Research.
Research limitations/implications
The study will help information professionals understand patterns in recent research, which should help guide them in their future research directions.
Practical implications
The findings affirm ASIS&T’s move to an international association and point to the growing importance of collaborative work and social media.
Originality/value
ASIS&T has been holding annual meetings since the 1950s. While there have been various bibliometric studies analyzing publication trends in different journals in the field of information science, none of these studies have analyzed the ASIS&T conference proceedings.