Law Commons^™

Janus Capital Group, Inc. V. First Derivative Traders: The Culmination Of The Supreme Court’S Reactionary Rule 10b-5 Jurisprudence Which Protects Fraud At The Expense Of Investors, Charles W. Murdock

Charles W. Murdock

Summary: Janus Capital Group, Inc. v. First Derivative Traders: The Culmination of the Supreme Court’s Reactionary Rule 10b-5 Jurisprudence Which Protects Fraud at the Expense of Investors

“Political” decisions such as Citizens United and National Federation of Independent Business (“Obamacare”) reflect the reactionary bent of several Supreme Court justices. But this reactionary trend is discernible in other areas as well. With regard to Rule 10b-5, the Court has handed down a series of decisions that could be grouped into four trilogies. The article examines the trend over the past 40 years which has become increasingly conservative and finally reactionary.

The …

Janus Capital Group, Inc. V. First Derivative Traders: The Culmination Of The Supreme Court’S Reactionary Rule 10b-5 Jurisprudence Which Protects Fraud At The Expense Of Investors, Charles W. Murdock

Charles W. Murdock

Summary: Janus Capital Group, Inc. v. First Derivative Traders: The Culmination of the Supreme Court’s Reactionary Rule 10b-5 Jurisprudence Which Protects Fraud at the Expense of Investors

“Political” decisions such as Citizens United and National Federation of Independent Business (“Obamacare”) reflect the reactionary bent of several Supreme Court justices. But this reactionary trend is discernible in other areas as well. With regard to Rule 10b-5, the Court has handed down a series of decisions that could be grouped into four trilogies. The article examines the trend over the past 40 years which has become increasingly conservative and finally reactionary.

The …

Complexity Theory And The Horizontal And Vertical Dimensions Of State Responsibility, Mark A. Chinen

Mark A. Chinen

In this Article I argue along with other commentators that a gap that has always existed in the law of state responsibility is now becoming more evident, namely the one that exists between a state and its citizens, making it difficult to justify why state responsibility should be distributed to those citizens. If for example a state agrees at the international level to undertake domestic austerity measures, why should its citizens bear the costs of such measures, especially when the same state is obligated under international law to protect those citizens’ human rights?

I use concepts taken from complexity theory …

The Evolution Of The Supreme Court’S Rule 10b-5 Jurisprudence:, Charles W. Murdock

Charles W. Murdock

Summary: The Evolution of the Supreme Court’s Rule 10b-5 Jurisprudence:

Protecting Fraud at the Expense of Investors

This article traces the evolution of Supreme Court jurisprudence over the past forty years through the prism of Rule 10b-5. It uses four “trilogies” to develop this evolution. At the start of the 1970s, the liberal trend characterized by the Warren Court still prevailed. An implied private cause of action was still in favor and litigators were viewed as private attorneys general, enforcing the securities laws to further the policy of protecting investors.

The expansion of Rule 10b-5 was slowed and more judicial …

Tocqueville And The American Amalgam, Andrew C. Spiropoulos

Andrew C. Spiropoulos

Any serious attempt to understand the original meaning of the Constitution requires an inquiry into what was, if any, the dominant political theory that guided the founding of the American regime. Recent decades have witnessed a lively scholarly debate between the partisans of the liberal interpretation of the Founding, which posits that liberal political theory is the intellectual foundation of our regime, and those of classical republicanism. The classical republicans argue that the influence of liberal theory on the Founding has been exaggerated, and that the Founders cared more about securing the authority to govern their communities in the name …