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- Title
THE AFFIRMATIVE DUTY TO DISCLOSE AFTER CHIARELLA AND DIRKS.
- Authors
Wilkinson, Hugh T.
- Abstract
Focuses on U.S. Supreme Court's clarification of the nature and extent of the affirmative duty to disclose under rule 10b-5 of the Securities Exchange Act of 1934. Affirmative duty to disclose at common law; Misappropriation of confidential information; Relationship of trust and confidence between two trading partners; Rulings in the cases, Chiarella v. United States and Dirks v. SEC.
- Subjects
UNITED States; STOCK exchange laws; DISCLOSURE laws; UNITED States. Supreme Court; CHIARELLA v. United States (Supreme Court case); DIRKS v. Securities &; Exchange Commission (Supreme Court case)
- Publication
Journal of Corporation Law, 1985, Vol 10, Issue 3, p581
- ISSN
0360-795X
- Publication type
Article