Nicolas Morgan

pitfalls of well-intentioned government action, the unintended consequences of over-regulation, and the often-overlooked ways markets self-correct. From the collapse of Theranos and Madoff’s Ponzi scheme to the rise of Uber and the case for deregulating the legal profession, Cliff makes the case that markets are more dynamic, more accountable, and often better equipped to solve real-world problems than bureaucracy

David Slovick, partner at Kopecky Schumacher Rosenburg and former SEC and CFTC enforcement attorney, and Professor Phil Lieberman of Vanderbilt Law School dig into one of the most overlooked—but impactful—problems in securities enforcement: the arbitrariness of civil penalties.

But we are deeply concerned about what it means for cases where the SEC has gone even further—seeking the same punishment in cases with no fraud at all. This is why ICAN is fighting to bring forward the cases—and the people—that show how damaging this practice has become.