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Full-Text Articles in Law
The Scope Of Bar Orders In Federal Securities Fraud Settlements, David Kaplan
The Scope Of Bar Orders In Federal Securities Fraud Settlements, David Kaplan
Duke Law Journal
No abstract provided.
Road Shows On The Internet: Taking Individual Investors For A Ride On The Information Highway, Linda J. Yi
Road Shows On The Internet: Taking Individual Investors For A Ride On The Information Highway, Linda J. Yi
Duke Law Journal
No abstract provided.
Whither Securities Regulation? Some Behavioral Observations Regarding Proposals For Its Future, Robert Prentice
Whither Securities Regulation? Some Behavioral Observations Regarding Proposals For Its Future, Robert Prentice
Duke Law Journal
Respected commentators have floated several proposals for startling reforms of America's seventy-year-old securities regulation scheme. Many involve substantial deregulation with a view toward allowing issuers and investors to contract privately for desired levels of disclosure and fraud protection. The behavioral literature explored in this Article cautions that in a deregulated securities world it is exceedingly optimistic to expect issuers voluntarily to disclose optimal levels of information, securities intermediaries such as stock exchanges and stockbrokers to appropriately consider the interests of investors, or investors to be able to bargain efficiently for fraud protection.
Global Decentralization And The Subnational Debt Problem, Steven L. Schwarcz
Global Decentralization And The Subnational Debt Problem, Steven L. Schwarcz
Duke Law Journal
According to the World Bank, decentralization of government is a pivotal force that will shape global development policy in the twenty-first century. Subnational debt restructuring has emerged as one of decentralization's most difficult problems. Financially troubled municipalities face many of the same concerns, for example, as financially troubled nations: holdout creditors can stymie collective attempts at debt restructuring, and reliance on politically motivated lenders of last resort (the International Monetary Fund in the case of troubled nations, the central government in the case of troubled municipalities) can foster moral hazard. In a prior article, I argued that an international convention …