SEC Commissioner Takes Incoming Fire From Multiple Sources in Harvard Spat

As the Harvard-led academic crowd continues to fire salvos at a Republican Securities and Exchange Commission chairperson, the debate over what will either benefit corporate management, keeping board of director positions more secure, or activist investors such as Bill Ackman, making board structures weaker, hangs in the balance.

Boston University Law School Professor Tamar Frankel was the latest to fire a salvo directly at SEC Commissioner Dan Gallagher. In a post on titled “What Sitting Commissioners Should and Shouldn’t Do,” Frankel again used a Harvard Law School blog to launch his attack of Commissioner Gallagher.