Individual lawyers, the SEC revolving door, and comment letters

• Main Authors: SHEN, Michael, TAN, Samuel T.
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2018
• Subjects: SEC comment letters; external counsel; revolving door; regulatory capture; Accounting; Accounting Law; Legal Ethics and Professional Responsibility
• Online Access: https://ink.library.smu.edu.sg/soa_research/1725; https://ink.library.smu.edu.sg/context/soa_research/article/2752/viewcontent/SSRN_id3096855.pdf
• Institution: Singapore Management University

Government officials, advocacy groups, and the business press have raised concerns that former SEC employees may continue to influence the SEC after leaving the agency. Using a hand-collected database of individual lawyers that represent firms in responding to SEC comment letters, we examine the imp...