Sonecon plays an influential role in shaping public policy debates. We identify economic risks and opportunities created by recently proposed or enacted laws and regulations. By outlining the risks and opportunities associated with these changes, Sonecon enables business and government decision makers to react in a timely and appropriate way. Some recent examples of our work include:
Our study of Argentina's sovereign debt default and the impact on U.S. and European taxpayers and shareholders prompted the U.S. State Department to upgrade the matter in U.S.-Argentina bilateral relations.
Our study examining the impact of windfall profit taxes on the returns of pension and retirement account holders has been cited regularly in public and congressional debate.
Our reports on proposed new FCC regulations effecting broadband providers focused on broadband access issues for lower income households.
Our review of three critical provisions of proposed patent reform on innovation in the development of new biologic and other pharmaceuticals is cited repeatedly in Congressional debate.
A similar influential study of the impact of new biologic medical treatments and the creation of a regulatory approval process for generic versions of these treatments is also mentioned regularly in congressional consideration.
Another critical analysis we produced forecasting results of proposed changes in the federal role in insurance and reinsurance for natural disasters contributed to congressional scrutiny of this issue.
Our seminal analysis and recommendations focusing on the extent and impact of naked short sales on the price of certain stocks were incorporated in subsequent SEC regulation of short sales. Further, our work has been cited in state debates over securities regulation.
Our research on the relative costs and benefits of cap-and-trade regimes, compared to carbon-based taxes to address climate change, has added to public national debates over climate change.
Our study of auto insurance regulation and rates in Massachusetts is referenced repeatedly in discussions over legislative reform.