In an ideal world, the Securities and Exchange Commission sets a level playing field and corporate executives plan for the long term and activist investors place pressure on companies that fall short of reaching their goals. However, as outgoing SEC Commissioner Dan Gallagher said in a speech Tuesday, the world does not always meet the ideal goal. Unfortunately, “the current picture is bleak,” he said, “but there are glimmers of hope.” Gallagher: Activist investing, in total, is neither good nor bad Speaking on “Activism, Short-Termism, and the SEC” at Stanford Director’s College, the SEC commissioner perhaps best known for his battles…
SEC's Dan Gallagher Bids Adieu By Tackling Activists… Again
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.