The Order of the Coif, an honorary scholastic society that encourages excellence in legal education, annually presents its Lolly Gasaway Faculty-Student Writing Award for an exceptional paper co-authored by students and faculty members. The 2023 award went to Colleen Honigsberg, Bernard Bergreen faculty scholar, associate dean of curriculum, faculty co-director of the Rock Center for Corporate Governance. She was recognized for her 2022 Stanford Law Review article “Regulatory Arbitrage and the Persistence of Financial Misconduct,” which she co-wrote with NYU School of Law Professor Robert J. Jackson Jr. and NYU postdoctoral fellow Edwin Hu. Honigsberg and her co-authors provided empirical evidence that advisors with a history of misconduct engage in regulatory arbitrage, making it difficult for regulators to effectively police bad behavior.

Honigsberg also was recently appointed to the Public Company Accounting Oversight Board’s (PCAOB) Standards and Emerging Issues Advisory Group. The group advises the PCAOB on existing standards, proposed standards, potential new standards, and on other matters, such as emerging issues, that are of significance to the PCAOB’s work to protect the interests of investors and further the public interest in the preparation of informative, accurate, and independent audit reports. SL