NIU Law Professor David Rosenfeld was quoted in the Wall Street Journal article “Elon Musk’s Twitter Investment Raises New Regulatory Red Flag.” The article reported on Elon Musk’s recent significant investment in Twitter and raised questions whether the investment was properly disclosed in public filings with the Securities and Exchange Commission (SEC). The article also discussed Musk’s continuing battle with the SEC over a prior settlement in an unrelated enforcement action. Professor Rosenfeld, a former high ranking SEC official, noted that Musk’s failure to make required fillings in the present case might hinder his efforts to vacate the prior settlement. Professor Rosenfeld joined the NIU Law faculty in 2015. He teaches courses in securities regulation, business law and contracts. Before joining the NIU Law faculty, Professor Rosenfeld worked for many years at the U.S. Securities and Exchange Commission. As co-head of Enforcement for the SEC’s New York office, Professor Rosenfeld supervised teams of attorneys in investigating and prosecuting violations of the federal securities laws, including cases of insider trading and accounting fraud. Prior to working at the SEC, Professor Rosenfeld was in private practice at Davis Polk & Wardwell in New York. Professor Rosenfeld also taught at the University of Virginia, and served as a law clerk to the Honorable A. Raymond Randolph of the United States Court of Appeals for the District of Columbia Circuit. At the SEC, Professor Rosenfeld led numerous prominent investigations, including the Galleon insider trading cases and the New York Stock Exchange Specialist cases.
Professor Rosenfeld graduated from Harvard Law School, where he was an editor of the Harvard Law Review, and received a Ph.D. in Political Theory from Columbia University
