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This comprehensive history of modern US securities law illustrates the key jurisprudential changes at the Supreme Court since the New Deal. The authors use the justices' internal memos, notes, and preliminary drafts to tell the story of how they actually decided the cases. The securities laws were an ambitious expansion of the administrative state. That expansion required a transformation of the Court's approach to business regulation, abandoning the Court's prior hostility to government intervention.

Produktbeschreibung
This comprehensive history of modern US securities law illustrates the key jurisprudential changes at the Supreme Court since the New Deal. The authors use the justices' internal memos, notes, and preliminary drafts to tell the story of how they actually decided the cases. The securities laws were an ambitious expansion of the administrative state. That expansion required a transformation of the Court's approach to business regulation, abandoning the Court's prior hostility to government intervention.
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Autorenporträt
A.C. Pritchard is a Professor at the University of Michigan teaching corporate and securities law. He has written on insider trading, securities fraud class actions, SEC enforcement, and the history of securities law. Robert B. Thompson is a Professor at Georgetown University. He teaches courses in corporate, securities, and mergers law and international financial regulation. He has written on corporate governance, corporate separateness, takeovers, business litigation and international financial regulation.