# kaal:claim:1765901-036

**Claim.** Because of the ambiguities in Morrison and Dodd-Frank and the consequences of a broad reading for persons and companies in European and other jurisdictions, Congress should clarify its intent in Section 929P(b) with respect to SEC and DOJ suits over securities transactions outside the United States.

**Type.** design  **Support.** argued

**Holds when.**

- SEC and DOJ suits over securities transactions outside the United States

**Source quote.**

> Congress should also clarify its intent in Section 929P(b) with respect to SEC and DOJ suits over securities transac- tions outside the United States.

**From.** Kaal and Painter, *The Aftermath of Morrison v. National Australia Bank and Elliott Associates v. Porsche* (2011), IV. Conclusion, page 23

**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

**Verify.** sha256 of source PDF `7b08b8a15f7d72b4eeed41be2d17c20428cb4727269077a6575c5d22e31ecdc5` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20and%20Painter%20-%202011%20-%20The%20Aftermath%20of%20Morrison%20v.%20National%20Australia%20Bank%20and%20Elliott%20Associates%20v.%20Porsche.pdf

**Topics.** law-and-legal-systems

**Keywords.** dodd-frank, section-929p, legal-certainty, extraterritoriality, international-cooperation

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