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Full-Text Articles in Securities Law
Sarbanes-Oxley Act, Section 307 - The Price Of Accountability: How Will Section 307 Affect The Role Of The Corporate Attorney, Sara B. Smith
Sarbanes-Oxley Act, Section 307 - The Price Of Accountability: How Will Section 307 Affect The Role Of The Corporate Attorney, Sara B. Smith
West Virginia Law Review
No abstract provided.
Limitations On Rule 10b-5, Arthur J. Marinelli Jr.
Limitations On Rule 10b-5, Arthur J. Marinelli Jr.
West Virginia Law Review
The federal securities acts of 1933 and 1934 sought to protect the investing public against fraud and manipulation by replacing the doctrine of caveat emptor with a system of full disclosure. Section 10(b) of the Securities Exchange Act of 1934 gives the Securities and Exchange Commission the power to promulgate rules in order to prohibit "any manipulative or deceptive device or contrivance." In 1942 the Commission adopted rule 10b-5 to implement the "catch-all" provision of section 10(b) which can be viewed as a grant of wide-ranging discretion to the SEC. Although all of the elements necessary for recovery in a …