Finance

Senior lecturer Robert Pozen and co-author wrote: "What's new here is the deliberate stripping of powers that the SEC long held. Yes, Congress can and does occasionally do this, but not the agency's own leaders, especially without advance notice or an opportunity for comment. The current SEC commissioners are consciously weakening the agency's leverage in negotiations with large corporate defendants."

Senior lecturer Robert Pozen wrote: "Investing in stocks is always a risk. But the historical data show the risk might not be exactly what advisors have ingrained in retail investors for decades. For those with a long-term investing mind-set and the stomach for riding out the market, 90-10 may be your best play."

Professor Michael Cusumano and co-author wrote: "Large companies seeking access to new technologies have been establishing corporate venture capital (CVC) units for many years. But returns on those investments can be erratic, and new technologies can be difficult for the parent company to take advantage of. Why do many companies struggle to derive adequate benefits from their CVC efforts? We think that at the heart of the issue is a persistent confusion over objectives that ultimately makes CVCs difficult to sustain."