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14 Apr 2024, 9:05 pm by renholding
Originally, the SEC defined and justified the prohibition in its 1961 Cady Roberts decision.[4] The Supreme Court substantially modified the SEC’s definition in 1983 in Dirks v. [read post]
16 Jan 2023, 9:01 pm by renholding
The Title 18 securities fraud statute was enacted in the wake of the 2008 financial collapse, and is distinct from the Title 15 statute, around which the Supreme Court and lower courts have, in Dirks v. [read post]
15 Sep 2020, 7:03 am by John Jascob
The Second Circuit’s other significant holding was that the personal-benefit test established in Dirks v. [read post]