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The New Titans of Wall Street: A Theoretical Framework for Passive Investors
Passive investors—ETFs and index funds—are the most important development in modern‐day capital markets, dictating trillions of dollars in capital flows… Continue reading →
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Startup Governance
Although previously considered rare, over three hundred startups have reached valuations over a billion dollars. Thousands of smaller startups aim… Continue reading →
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Presidential Constitutionalism and Marriage Equality
“Presidential constitutionalism” has a distinctive origin in the duties of the President laid out in the Constitution. This article will… Continue reading →
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Central Clearing Of Financial Contracts: Theory And Regulatory Implications
To protect economic stability, postcrisis regulation requires financial institutions to clear and settle most of their derivatives contracts through central… Continue reading →