Free Speech for Harvard and the SEC

It's within an SEC commissioner's rights to make accusations about Harvard's Shareholder Rights Project. And Harvard is free to fight back.

Indeed.

Photographer: Kelvin Ma/Bloomberg

A sitting member of the Securities and Exchange Commission co-writes an article accusing Harvard University of violating securities laws -- because, the article claims, a professor’s biased research has been used to argue for eliminating staggered corporate board terms. The facts are so juicy that the article has drawn plenty of attention, and corporate law heavyweights from the bar to the academy as well as other former SEC members have all weighed in.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.