Washington University Law Review

Article Title

A New Rationale for Implying Private Rights of Action and Section 7 of the Securities Exchange Act of 1934

Authors

Publication Title

Washington University Law Quarterly

Abstract

In 1974, two Circuit Courts of Appeals refined a technique used to imply a private right of action on behalf of plaintiffs who were without express statutory remedies. The 1974 cases could eliminate much of the confusion under section 7 because they provide the means to explore fully the statutory and policy implications of a private right of action. This Article will examine the traditional private right rationales, the 1974 cases, the operation of the credit provisions, and the application of the recent developments to section 7.

Recommended Citation

A New Rationale for Implying Private Rights of Action and Section 7 of the Securities Exchange Act of 1934, 1975 Wash. U. L. Q. 1202 (1975).
Available at: https://openscholarship.wustl.edu/law_lawreview/vol1975/iss5/2