Credit Unions got their start in Nineteenth Century Germany. In 1909, Roman Catholic textile workers opened the first credit union in the United States, St. Mary's Cooperative Credit Association (later, renamed La Caisse Populaire Ste.-Marie). At...
Can the President say "You're Fired!" to an SEC Commissioner?
In a recent post, John Jenkins emphasized the commonly held understanding that the Securities and Exchange Commission is an "independent agency". The independence of the SEC, however, is...
Legal History, Broc Romanek, SEC, 44 U.S.C. Sec. 3502(5), Davis Polk, Financial Institutions, for cause removal, Free Enterprise Fund v. PCAOB, independent regulatory agency, Justice Stephen G. Breyer, Securities and Exchange Commission
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