Professor Mercer Bullard
Butler Snow Lecturer and Professor of Law
University of Virginia, J.D.
Georgetown University, M.A.
Yale University, B.A.
Over the last fifteen years, Professor Bullard has established himself as one of the most prolific and influential academics in the corporate/securities field.
Professor Bullard, the Butler Snow Lecturer and Professor of Law, and 2014 Professor of the Year, teaches courses on securities, banking, corporations, corporate finance, accounting, and capital structure and valuation. He created and is the director of the law school’s Business Law Institute. He is also the Founder and President of Fund Democracy, an advocacy group for mutual fund shareholders. He has served on the Securities and Exchange Commission’s Investment Advisory Committee and Public Company Accounting Oversight Board’s Investor Advisory Group. Twice named by Investment News as one of the most powerful voices in the financial services industry, Professor Bullard has testified on more than 20 occasions before Congress, appeared on NBC Nightly News, CBS Evening News, CNBC, and other national broadcasts, and been featured in Business Week, Money Magazine and other publications. He is frequently quoted in major newspapers and financial publications on finance- and securities-related regulatory matters.
Professor Bullard has written in a wide variety of venues. His first academic article, which discussed the mutual fund scandal of 2003 and the communal nature of pooled investment vehicles, was selected for presentation by the Yale Stanford Junior Faculty Forum and as one of the year’s top corporate and securities articles by the Corporate Practice Commentator. He has also published articles on hedge fund regulation, insider trading, loss causation in private securities litigation, 529 plans, and bank and money market fund insurance. He has authored a book chapter on Chinese fund regulation and co-authored two empirical studies with economists on market timing and fund distribution. In 22 appearances before 8 different Congressional committees, Professor Bullard has written hundreds of pages of testimony on SEC enforcement practices, investor protection, mutual fund regulation, 529 plans, pensions plans, installment contracts, and hedge funds. Professor Bullard has frequently written on regulatory issues for the financial press, publishing more than 50 articles since 2000 with Barrons, TheStreet.com, Morningstar, SmartMoney.com and other publications. He wrote a newsletter for investment management lawyers from 2000 to 2001.
In his advocacy capacity, Professor Bullard has litigated standing issues against the SEC, successfully challenged an SEC exemptive order, and submitted amicus briefs in cases involving an SEC rulemaking on broker regulation, an SEC rulemaking on mutual fund governance, and a private lawsuit concerning the section 404 safe harbor under ERISA. In addition to his Congressional testimony, he has authored or co-authored dozens of rulemaking petitions and comment letters on SEC and DOL rule proposals and regulatory oversight. Professor Bullard has been invited to appear on panels by or address the SEC, ICI, FINRA, SIFMA, ASPPA, NASAA, Federal Reserve Bank and other organizations. He has acted as an expert witness in major securities cases, including two that have been argued before the Supreme Court — Jones v. Harris, and Lawson v. FMR — and in the multi-district litigation addressing the mutual fund market timing scandal of 2003.
Professor Bullard has implemented a variety of innovative teaching methods. He incorporates graphical presentations of concepts and transactions, timelines and other nonverbal tools as educational aids, and assigns in-class electronic quizzes to evaluate student progress on a real-time basis. His classes include substantial experiential components, including document drafting exercises, blog post and newsletter writing assignments and videotaped negotiation exercises. He has engaged his class in a real-time analysis of an SEC open meeting, conducted in-class on-line meetings with business experts, and led a field trip to meet with personnel at a regional investment bank. Professor Bullard and a colleague developed the Business Regulation Externship at Ole Miss in which students spend a semester rotating among state offices responsible for regulating insurance, banking, securities and corporations. A number of students have gained invaluable experience working directly with Professor Bullard on current public policy matters.
Professor Bullard created the Business Law Institute at the law school in 2014. Its mission is to train great business lawyers. The Institute has leveraged the Law School’s most valuable asset – an expert faculty committed to teaching – by placing the faculty’s top business law experts in a shared office space with students. The close proximity of faculty and students facilitates continuous access and close student-faculty collaboration and engagement. This novel educational model maximizes the fluid transfer of knowledge and experience between teachers and students that animates deep, active learning.
Previous Faculty Spotlights
Professor Alexandre, a graduate of Colgate and Harvard Law School, is a nationally-recognized scholar working in the areas of constitutional law, civil rights law, critical race theory, human rights, and gender. She is the author of the book Sexploitation: Sexual Profiling and the Illusion of Gender, an important and incisive study of gender identity.
Professor Alexandre was named one of Ebony Magazine’s Top 100 influential African Americans of 2013 and one of the 50 “Most Influential Minority Law Professors 50 Years of Age or Younger” by Lawyers of Color Magazine. She has received Fulbright and Watson Fellowships.
Professor Alexandre’s innovative articles have appeared in journals such as the Indiana Law Review, the Oregon Law Review, the Washington and Lee Law Review, the Duke Journal of Gender Law and Policy, the Hastings Women Law Journal, the William and Mary Journal of Women and the Law, the American University Journal of Gender, Social Policy and the Law, the UMKC Law Review, and the University of Pennsylvania Journal of Law and Social Change.
Professor Alexandre also works on issues of sustainability and economic independence for farmers in Mississippi’s Delta and other areas of the rural South. She has organized national conferences centered on issues of sustainability and social justice for poor populations in the rural South.
Professor Green, a graduate of Princeton, Yale, and Notre Dame, is a nationally-recognized constitutional theorist who works at the intersection of law and philosophy. He is the author of the book Equal Citizenship, Civil Rights, and the Constitution: The Original Sense of the Privileges or Immunities Clause, a groundbreaking study of the Fourteenth Amendment.
Professor Green’s cutting-edge articles have been widely cited by scholars and include a variety of works on the Fourteenth Amendment, the relationship of philosophy of language to constitutional theory, constitutional self-definition, and epistemology. Professor Green’s article on the original meaning of the Equal Protection Clause was also cited by Justice John Paul Stevens in McDonald v. Chicago.
In the fall of 2015, Professor Green was the Ann and Herbert W. Vaughan Visiting Fellow at Princeton University’s James Madison Program in American Ideals and Institutions. His most recent projects include articles on the Thirteenth Amendment and procedural due process, the nature of constitutional legitimacy, the rights and responsibilities of corporations, and what the Ferguson reports teach about the prerequisites of effective policing.