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Law Commons

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Banking and Finance Law

University of Miami Law School

University of Miami Business Law Review

Finance law commons

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Full-Text Articles in Law

Regulation Best Interest: Is The Sec Finally Choosing Main Street Over Wall Street?, Ana Marcos Dec 2021

Regulation Best Interest: Is The Sec Finally Choosing Main Street Over Wall Street?, Ana Marcos

University of Miami Business Law Review

No abstract provided.


Proving Economic Loss For In-And-Out Traders In Light Of First Solar, Daniel Roy Settana Iii Dec 2021

Proving Economic Loss For In-And-Out Traders In Light Of First Solar, Daniel Roy Settana Iii

University of Miami Business Law Review

Federal courts have grappled with the issue of whether or not to include in-and-out traders in federal securities class action lawsuits. One set of courts has excluded in-and-out traders on the grounds that they could not prove loss causation, while another set of courts has included in-and-out traders because of the possibility that they could prove that they had suffered a loss. In Mineworker’s Pension Scheme versus First Solar, Inc., the Ninth Circuit recently addressed what should be the correct standard for loss causation. While the Ninth Circuit’s decision resolved its own intra-circuit split, the Court’s decision widened an already …