Regardless of the relative merits of securities regulation in the United States and Europe, European investors are most likely to benefit if Europe addresses the problem of investor protection itself rather than through US courts.
Source quote, verbatim
European investors are most likely to benefit if Europe addresses
From
Richard W. Painter, Wulf A. Kaal, Extraterritorial Application of US Securities Law – Will the US Become the Default Jurisdiction for (2010), 4.6. European Investors, p. 7 https://ssrn.com/abstract=1664809 · source PDF
Cite as
Richard W. Painter, Wulf A. Kaal, Extraterritorial Application of US Securities Law – Will the US Become the Default Jurisdiction for (2010). SSRN: https://ssrn.com/abstract=1664809
Holds when
choice between European reform and access to US litigation
Classification
normativesupport: arguedsecurities-law
Related claims
supported_bykaal:claim:2029983-040 Although many jurisdictions may protect investors less well than the United States, it is not at all certain t...
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