Extraterritorial application of US securities laws
01 November 2010Corporate Newsletter
An article in the November 2010 issue of the Hogan Lovells Corporate Newsletter.
In the wake of Morrison v National Australia Bank Ltd, which concerned the "foreign cubed" scenario, the US Dodd-Frank Act directed the SEC to consider the extent to which private rights of action under the anti-fraud provisions of the US Securities Exchange Act of 1934 should be extended. This article discusses the SEC's recent request for comments.
View the November 2010 issue of the Hogan Lovells Corporate Newsletter here.