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Merritt B. Fox

Merritt Fox’s research and teaching interests include corporate and securities law, capital markets regulation, law and economics, international securities regulation, and comparative corporate law. He is co-director of the Law School’s Center for Law and Economic Studies and of the Program in the Law and Economics of Capital Markets. 

In collaboration with colleagues at Columbia Business School, Fox was instrumental in launching a comprehensive examination of the securities markets to better understand the relationship between significant developments in financial market microstructure and effective regulatory reform by U.S. federal and international authorities.

Before he entered academia, Fox practiced law with Cleary, Gottlieb, Steen & Hamilton, where he focused on international lending to Latin America, among other topics. 

His article, “The New Stock Market: Sense and Nonsense,” was named a “Top 10 Corporate and Securities Article” by Corporate Practice Commentator. 

 

Use of [a Martin Act investigation] is a tempting way for an attorney general to force changes in corporate behavior. But it is inconsistent with responsible government that one official, without any legislative guidance or judicial oversight, can use such a strategy to make public policy over almost any kind of business activity.