Complex derivative trading is just like gambling, Sale tells Marketplace

Marketplace Morning Report, June 30, 2010

Hillary Sale

Hillary A. Sale, JD, securities law expert and professor of law at Washington University in St. Louis, talks with Steve Chiotakis of Marketplace Public Radio about whether it’s difficult to prosecute derivatives trading and what she’s watching closely about cases coming down the pike.

Listen to the story at Marketplace Public Radio:

For more information on Sale and her research interests, see links below:

Regulators need more funding to enforce finance reform
June 9, 2010 — The U.S. Senate and the U.S. House of Representative are working toward a final version of the financial reform bill, which is expected be on the desk of President Barack Obama by July 4. Securities law expert Hillary A. Sale, JD, professor of law at Washington University in St. Louis, says that is coming at a good time for the Securities & Exchange Commission. Read more>

Sale installed as Coles Professor of Law

Hillary A. Sale, JD, was installed as the Walter D. Coles Professor of Law on March 25 in the Trial Courtroom, Room 309, of Anheuser-Busch Hall.

Chancellor Mark S. Wrighton installs Hillary A. Sale, JD, as the Walter D. Coles Professor of Law in the Trial Courtroom of Anheuser-Busch Hall March 25. Sale’s installation address was “The Importance of Being Public.”

A law school alumnus, Coles served as an assistant U.S. attorney for the Eastern District of Missouri from 1894-98. He was a lecturer in the School of Law from 1904-10, once in the area of bankruptcy and once in constitutional law.

Coles also served for more than 30 years on the board of directors of the Law Library Association of St. Louis. In 1935, he began his first year on the bench as a judge on the Supreme Court of Missouri.

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