# kaal:claim:1765901-037

**Claim.** A clear and restrained U.S. approach to extraterritoriality will bring predictability to global securities markets and avoid a downturn in international economic cooperation.

**Type.** predictive  **Support.** argued

**Holds when.**

- restraint and clarification of U.S. extraterritorial securities law

**Source quote.**

> A clear and restrained approach to extraterri- toriality in the U.S. will bring predictability to global securities markets and avoid a downturn in international economic cooperation.

**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, securities-law, economics

**Keywords.** extraterritoriality, legal-certainty, global-securities-markets, international-cooperation

**Related claims.**

- restates: https://wulfkaal.github.io/claims/1664809-036

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