Posts from Jenifer Kopischke
SEC Seeks Public Comment Regarding Private Rights of Action for Transnational Securities Fraud
Litigation, Public Companies and Securities In Morrison v. National Australia Bank, the Supreme Court limited the extraterritorial scope of Section 10(b) of the Securities and Exchange Act of 1934 by holding that the antifraud provision only applies to domestically listed security transactions. 130 S. Ct. 2869, 2884 (2010). Notwithstanding this decision, the Securities and Exchange Commission, pursuant to its rulemaking [...] Read more →