John C. Coffee: “There is no efficiency in selective disclosure. This is an issue of fairness.”

First, we must address the problem of financial institutions that are deemed too big--or perhaps too interconnected--to fail.

Don't throw that last resort out. It saved us in 2008, and not that much has changed in the regulation of the money market funds.

Third, we should review regulatory policies and accounting rules to ensure that they do not induce excessive procyclicality.

First, I believe the greatest enemy of job creation today is not overregulation, but the loss of investor confidence.