Cary M. Shelby
J.B. and M.K. Pritzker Family Foundation Distinguished Visiting Professor of Law

Curriculum Vitae (pdf)
Assistant
Jane Brock
Assistant Phone
(312) 503-8544
Assistant Email
janebrock@law.northwestern.edu
Biography
Cary Martin Shelby joined Washington and Lee University School of Law from DePaul University College of Law in 2019. She specializes in corporate and securities law and teaches a variety of courses such as Contracts, Business Associations, Securities Regulation, Corporate Finance, Business Fundamentals for Lawyers, and a seminar on Investment Funds. Shelby served as a Visiting Associate Professor of Law with The George Washington University Law School during the Spring 2021 semester. She is currently the J.B. and M.K. Pritzker Family Foundation Distinguished Visiting Professor of Law with Northwestern Pritzker School of Law during this 2022-2023 academic year.
Areas of Expertise
- Business Associations
- Corporate Law
- Private Equity
- Securities Regulation
Selected Publications
- Profiting from Our Pain: Privileged Access to Social Impact Investing, 109 California Law Review 1261 (2021).
- How Did We Get Here? Dissecting the Hedge Fund Conundrum Through an Institutional Theory Lens, 74 Business Lawyer 735 (2019).
- Closing the Hedge Fund Loophole: The SEC as the Primary Regulator of Systemic Risk, 58 Boston College Law Review 639 (2017).
- Diversifying to Mitigate Risk: Can Dodd-Frank Section 342 Help Stabilize the Financial Sector?, 73 Washington & Lee Law Review 1795 (2016) (with Kristin Johnson & Steven A. Ramirez).
- Are Hedge Funds Still Private? Exploring Publicness in the Face of Incoherency, 69 Smu Law Review 405 (2016).
- Privileged Access to Financial Innovation, 47 Loyola University Chicago Law Journal 315 (2015).
Education
- BS, University of Illinois at Urbana-Champaign
- JD, Northwestern University School of Law
- LLM, University of Wisconsin
Prior Appointments
- Visiting Associate Professor of Law, January, 2021-May, 2021, George Washington University Law School
- Professor of Law, April, 2021, Washington and Lee University School of Law
- Associate Professor of Law, July, 2019-April, 2021, Washington and Lee University School of Law
- Associate Professor of Law, July, 2016-June, 2019, DePaul University College of Law
- Assistant Professor of Law, July, 2012-June, 2016, DePaul University College of Law