From the Cover
Securities & Investment
The Challenge of Hedge Fund Regulation
As other nations expand access to hedge funds, should the U.S. adopt tighter regulation? PDFThe Mythical Benefits of Shareholder Control
Given the evidence that board governance benefits investors, why is there call for increased shareholder control of corporations? PDFA New Law for the Bond Rating Industry
Will recent reform increase competition? PDF
Features
Antitrust
The Wright Stuff
When is aviation reform not really reform? PDF
Risk
Stoking the Rigid Terror of Secondhand Smoke
The contrived “science” behind the surgeon general’s recent report does not support officials’ claims. PDF
Banking & Finance
Banking Regulation’s Illusive Quest
Far from requiring greater government oversight, U.S. banking’s woes have been the product of regulation. PDFThe SBA’s Justification IOU
Does small business need government loan guarantees? PDF
