On Tues., April 9 the Washington Post featured the comments of Professor Mercer Bullard that he made while appearing on a crowdfunding conference panel. The Post quoted his response to a broadside attack on securities regulation:
Mercer Bullard, a professor of securities and finance at the University of Mississippi Law School, fired back in response to Simon’s accusations, arguing that the United States has “the most efficient, fullest securities markets in the world, and they are based on precisely the principles that you’re attacking. If you want a market like we have in a lot of other undeveloped countries, then we’ll follow your lead,” he added. “But if you want a full, competitive market that grows capital and jobs, you want one with investor protections.”
The full article is available here.