The document discusses the role of the Securities and Exchange Commission (SEC) in regulating securities in the public interest, distinct from shareholder interests. It references Section 10(b) of the Securities Exchange Act of 1933 and critiques the lack of application of securities regulation for non-shareholding workers and consumers. The document also explores the concept of integrity in corporate operations, citing works by Werner H. Erhard, Michael C. Jensen, and Steve Zaffron, and discusses the potential productivity gains from operating with integrity.
doj/DataSet10/EFTA01378464.pdf
{"key_people":["Werner H. Erhard","Michael C. Jensen","Steve Zaffron"],"document_type":"legal","document_subtype":"legal analysis","key_organizations":["Securities and Exchange Commission","Harvard Business School"],"reference_numbers":["15 V.S.C. § 78j(b) (2006)"]}