Abstract

http://ssrn.com/abstract=1023641
 


 



The Supreme Court's Literalism and the Definition of 'Security' in the State Courts


Douglas M. Branson


University of Pittsburgh School of Law

Karl S. Okamoto


Drexel University Thomas R. Kline School of Law


Washington and Lee Law Review, Vol. 50, No. 3, 1993
Drexel College of Law Research Paper No. 2009-A-02

Abstract:     
This Article argues that the Court should not have rejected an overarching economic realities approach to the scope of the federal securities laws. By viewing the developing standards under the famous Howey test as a movement toward a global standard for identifying "securities" rather than simply the subpart "investment contracts," the Court could have allowed for a more coherent doctrinal development.

Number of Pages in PDF File: 38

Accepted Paper Series


Download This Paper

Date posted: November 1, 2008  

Suggested Citation

Branson, Douglas M. and Okamoto, Karl S., The Supreme Court's Literalism and the Definition of 'Security' in the State Courts. Washington and Lee Law Review, Vol. 50, No. 3, 1993; Drexel College of Law Research Paper No. 2009-A-02. Available at SSRN: http://ssrn.com/abstract=1023641

Contact Information

Douglas Branson
University of Pittsburgh School of Law ( email )
3900 Forbes Ave.
Pittsburgh, PA 15260
United States
412-624-3437 (Phone)

Karl S. Okamoto (Contact Author)
Drexel University Thomas R. Kline School of Law ( email )
3320 Market Street
Philadelphia, PA 19104
United States
Feedback to SSRN


Paper statistics
Abstract Views: 822
Downloads: 90
Download Rank: 170,099

© 2014 Social Science Electronic Publishing, Inc. All Rights Reserved.  FAQ   Terms of Use   Privacy Policy   Copyright   Contact Us
This page was processed by apollo7 in 0.313 seconds