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Full-Text Articles in Law

Why Governance Might Work In Mutual Funds, Michael C. Schouten May 2011

Why Governance Might Work In Mutual Funds, Michael C. Schouten

Michigan Law Review First Impressions

The Supreme Court's recent decision in Jones v. Harris Associates L.P. has highlighted the potential for agency conflicts in mutual funds, whose advisors have the de facto power to award themselves high fees. While the surrounding debate has focused on the extent to which market competition replaces the need for fee litigation, there appears to be a growing consensus that fund governance, through the use of voice, is unlikely to be effective. The use of voice is commonly said to be hampered by collective action problems. More recently, scholars have argued that it is further weakened by the easy availability …


United States V. O'Hagan: Agency Law And Justice Powell's Legacy For The Law Of Insider Trading, Adam C. Pritchard Jan 1998

United States V. O'Hagan: Agency Law And Justice Powell's Legacy For The Law Of Insider Trading, Adam C. Pritchard

Articles

The law of insider trading is judicially created; no statutory provision explicitly prohibits trading on the basis of material, non-public information. The Supreme Court's insider trading jurisprudence was forged, in large part, by Justice Lewis F. Powell, Jr. His opinions for the Court in United States v. Chiarella and SEC v. Dirks were, until recently, the Supreme Court's only pronouncements on the law of insider trading. Those decisions established the elements of the classical theory of insider trading under § 10(b) of the Securities Exchange Act of 1934 (the "Exchange Act"). Under this theory, corporate insiders and their tippees who …


Litigation, E. D'Angelo Jan 1993

Litigation, E. D'Angelo

California Regulatory Law Reporter

No abstract provided.


Litigation, E. D'Angelo Oct 1992

Litigation, E. D'Angelo

California Regulatory Law Reporter

No abstract provided.


Litigation, E. D'Angelo Jul 1992

Litigation, E. D'Angelo

California Regulatory Law Reporter

No abstract provided.


Litigation, E. D'Angelo Jan 1992

Litigation, E. D'Angelo

California Regulatory Law Reporter

No abstract provided.


Litigation, E. D'Angelo Oct 1991

Litigation, E. D'Angelo

California Regulatory Law Reporter

No abstract provided.


Litigation, E. D'Angelo, R. Fellmeth, V. Rabago Aug 1991

Litigation, E. D'Angelo, R. Fellmeth, V. Rabago

California Regulatory Law Reporter

No abstract provided.


Litigation, E. Angelo, J. Miller, V. Rabago May 1991

Litigation, E. Angelo, J. Miller, V. Rabago

California Regulatory Law Reporter

No abstract provided.


Litigation, C. Oshiro Oct 1990

Litigation, C. Oshiro

California Regulatory Law Reporter

No abstract provided.


Litigation, C. Oshiro Jul 1990

Litigation, C. Oshiro

California Regulatory Law Reporter

No abstract provided.


Litigation, J. Wheaton Aug 1989

Litigation, J. Wheaton

California Regulatory Law Reporter

No abstract provided.


Litigation, J. Wheaton Jan 1989

Litigation, J. Wheaton

California Regulatory Law Reporter

No abstract provided.


Litigation, J. Wheaton Oct 1988

Litigation, J. Wheaton

California Regulatory Law Reporter

No abstract provided.


Litigation, J. Wheaton Jan 1988

Litigation, J. Wheaton

California Regulatory Law Reporter

No abstract provided.


Litigation, J. Wheaton May 1987

Litigation, J. Wheaton

California Regulatory Law Reporter

No abstract provided.