kaal:claim:1765901-007
The Supreme Court should have summarized its Morrison holding in language matching the opinion's logic, namely that Section 10(b) applies only to securities bought or sold in the United States; the Court's summary language instead invited confusion.
Source quote, verbatim
The Supreme Court should have avoided confusion by summarizing its hold- ing in language that conforms with the logic of the opinion, which clearly supports the conclusion that Section 10(b) applies only to securities bought or sold in the United States.
From
Kaal and Painter, The Aftermath of Morrison v. National Australia Bank and Elliott Associates v. Porsche (2011), II. Open Questions After Morrison; 1. Does Section 10(b) Apply to Dually Listed Securities?, p. 6
https://ssrn.com/abstract=1765901 · source PDF
Cite as
Kaal and Painter, The Aftermath of Morrison v. National Australia Bank and Elliott Associates v. Porsche (2011). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1765901
Holds when
Classification
designsupport: arguedinstitutional-design
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Attestation record: colloquium/attestations/f44ae2bf5a24af7e...json
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