The Securities Litigation Uniform Standards Act of 1998: The Sun Sets on California's Blue Sky Laws

Abstract:     
This Article discusses the developments that led to the Securities Litigation Uniform Standards Act of 1998 and provides a summary and analysis of the Uniform Act. It also discusses recent developments in securities fraud class actions governed by the Private Securities Litigation Reform Act of 1995 and how the new national standard created by the Uniform Act is likely to affect federal securities class actions.

JEL Classification: K22

Accepted Paper Series