Prof. Hill Speaks at Canadian Securities Administrators’ Biennial Commissioners Conference

Professor Hill spoke at the Canadian Securities Administrators’ Biennial Commissioners Conference in Victoria, British Columbia, Canada, on April 17, 2019. Hill spoke on a panel that included regulators and judges from the US and Canada; the panel’s topic was deterrence of securities violations. Hill discussed grey areas as to what constitutes a violation, and differences among people as to how and whether they could be deterred. She also discussed difficulties in attempting to deter using specific rules, arguing that such rules can promote a ‘whatever is not prohibited is permitted’ mindset.