John C. Coffee: “I think it is judicial legislation. It is not usually what the Court does.”

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

There is no efficiency in selective disclosure. This is an issue of fairness.

I think one is enormously important: systemic risk. All of the future of our economy depends upon being able to solve in a credible fashion the problems of major bank failure.

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