Kenneth Bamberger Raises Questions about Financial Risk Management

JOTWELL, Corporate Law, November 23, 2009 by Caroline Bradley
http://corp.jotwell.com/better-or-worse-risk-management-through-technology/

Bamberger argues that choices about the interpretation of law should not be made by “private third-parties invisible to regulators.” He asks: “how does the technological instantiation of law-elaboration through implementation fare in light of the public law norms of accountability, effectiveness and legitimacy that traditionally govern the exercise of delegated discretion?”