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The Merits Do Matter: A Comment on Professor Grundfest's "Disimplying Private Rights of Action under the Federal Securities Laws: The Commission's Authority"

Document Type

Article

Language

English (en)

Publication Date

1994

Publication Title

Harvard Law Review

Abstract

Response to Professor Grundfest's arguments about the SEC's authority to disallow private rights of action under federal securities laws. Counters Grundfest's position by emphasizing the importance of private enforcement mechanisms in deterring securities fraud and ensuring investor protection, suggesting that the merits of a case should not be overlooked in determining whether a private right of action should exist. AI Overview

Keywords

Securities and Exchange Commission Authority, Fraud, Private Right of Action

Publication Citation

Joel Seligman. The Merits Do Matter: A Comment on Professor Grundfest's "Disimplying Private Rights of Action under the Federal Securities Laws: The Commission's Authority" 108 Harv. L. Rev 438 (1994)

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