Professor and Dean James A. Rahl

Professor and former Dean James A. Rahl has been an important part of Northwestern University School of Law for fifty years. It is a great pleasure to recount the admirable record of this dedicated person whose scholarship, good humor, and general leadership have presented a model for lawyers, law students, and law faculty for so many years

Reconciling U.S. Disclosure Policy with International Accounting and Disclosure Standards

In November of 1988, at a Melbourne, Australia meeting of the International Association of Securities Commissioners (IOSCO), the United States Securities and Exchange Commission (SEC) released a policy statement entitled Regulation of the International Securities Markets. \u27 The statement identified three broad areas of regulation that should be addressed in an effective international securities mar- ket regulatory system: efficient structures, sound disclosure systems, and fair and honest markets. The Commission stated that: To achieve those objectives, securities regulators in each nation should work closely with their foreign counterparts and seek coordinated in- ternational solutions to world market problems. 2 Significantly, the SEC did not insist that its methods of regulation were the best or the only means of achieving the stated goals

Effective International Supervision of Global Securities Markets

Global trading in securities will increase substantially in the decade of the 1990s. This Article presents an overview of regulatory problems that must be addressed if international securities markets are to flourish

Professor and Dean James A. Rahl

Professor and former Dean James A. Rahl has been an important part of Northwestern University School of Law for fifty years. It is a great pleasure to recount the admirable record of this dedicated person whose scholarship, good humor, and general leadership have presented a model for lawyers, law students, and law faculty for so many years