Adoption of a Flexible Duty Standard Under Rule 10b-5
Date
1974
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Texas Tech Law Review
Abstract
Discusses duty imposed by the 10b-5 rule in securities regulations. It also discusses to what extent the 10b-5 rule imposes a duty. The author observes the 9th Circuit’s choice to a new approach that rejects the defendant’s state of mind of theory, which has been the traditional route of rule 10b-5.
Description
Rights
Rights Availability
Keywords
Rule 10b-5, Securities regulations, State of mind, Flexible duty standard, White v. Abrams, Case note
Citation
6 Tex. Tech L. Rev. 293