A Corporate Outsider’s Duty to Disclose Under Rule 10b-5

Date
1981
Journal Title
Journal ISSN
Volume Title
Publisher
Texas Tech Law Review
Abstract

Examines the United States Supreme Court’s decision in Chiarella v. United States. In Chiarella, the Court held that a corporate outsider does not have a duty to disclose under section 10(b) of the Securities Exchange Act of 1934 and Securities Exchange Commission rule 10b-5. The author believes this decision is contrary to public policy.

Description
Keywords
SEC, Securities and Exchange Commission, Securities, Corporate outsider, Duty to disclose, Chiarella v. United States, Case note
Citation
12 Tex. Tech L. Rev. 540