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What can be done to foster cooperative behaviour with regard to car sharing and similar undertakings? Experiments show that information and providing role models are more effective than tough rules involving penalties and rewards. Digitalisation and its networking opportunities have given the sharing economy an unprecedented boost. When many users share homes, gardens, tools andWhat can be done to foster cooperative behaviour with regard to car sharing and similar undertakings? Experiments show that information and providing role models are more effective than tough rules involving penalties a...

Tucked into the 2021 National Defense Authorization Act (NDAA) 1  passed over a presidential veto on January 1, 2021, 2  on page 1,238 of the 1,480-page bill, was a modification to the Securities Exchange Act of 1934 (Exchange Act) 3 that constitutes a response to a couple of recent Supreme Court cases that had limited the U.S. Securities and Exchange Commission’s (SEC) ability to obtain disgorgement from defendants in enforcement actions. Prior to the NDAA, the SEC did not have explicit statutory authority to obtain disgorgement from securities law violators; instead, federal courts have...