Publication Date
1968
Abstract
Congress passed the Securities Exchange Act of 1934 in recognition of the need for governmental regulation to protect investors and security holders from fraudulent and deceptive practices occurring in the securities markets. The 1934 Act expressly attaches civil and criminal liability to violations of certain provisions. The Act also contains provisions which simply prohibit particular conduct. Courts have indicated, however, that these prohibition sections and the Securities and Exchange Commission (SEC) Rules issued thereunder imply civil liability for their violation.
Recommended Citation
B., J. B.
(1968)
"False and Misleading Proxy Statements,"
Georgia Law Review: Vol. 3:
No.
1, Article 10.
Available at:
https://digitalcommons.law.uga.edu/glr/vol3/iss1/10