Legal Analysis of What Constitutes Reliance Under SEC Rule 10b-5.

Discusses the antifraud statute of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder, in terms of the common law principle of reliance. Cites case law with respect to the plaintiff's reliance on misrepresentations or omissions of fact as a required element for a determination of fra...

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Bibliographic Details
Corporate Authors:	Library of Congress. Congressional Research Service, ProQuest (Firm)
Format:	eBook
Language:	English
Published:	[Place of publication not identified] : [publisher not identified], 1987.
Series:	U.S. Congressional Research.
Subjects:	Judge-made law. Civil procedure. Securities. Electronic books.
Online Access:	Connect to the full text of this electronic book

Description
Summary:	Discusses the antifraud statute of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder, in terms of the common law principle of reliance. Cites case law with respect to the plaintiff's reliance on misrepresentations or omissions of fact as a required element for a determination of fraud in a 10b-5 case.
Item Description:	Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed June 2010). Reuse except for individual research requires license from ProQuest, LLC. CRS Report. Electronic resource.
Physical Description:	1 online resource.