Delaware Business Litigation Report

SEC General Counsel Brian G. Cartwright Addresses the Role of Foreign and Domestic States in Securities Regulation and General Corporation Law

SEC General Counsel Brian Cartwright discussed the emergence of transnational businesses and the global securities market in a speech at Widener University School of Law on March 28, 2008. The speech, titled "The Role of the States (Foreign and Domestic)" (available here), focused on the implications the global securities market and the spread of free market economies around the world creates for federal securities regulation and states' regulation of internal corporate affairs. Mr. Cartwright noted that as transnational businesses with global stockholder bases continue to flourish, both the SEC and Delaware may need to evaluate and adjust to the impact this will have on the regulation of these businesses.

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