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- Title
The Emergence of a New Battleground: Liability for Secondary Market Violations in Ontario.
- Authors
STEINBERG, MARC I.; PRESCOTT, ALEX
- Abstract
The article focuses on the consequences arises after amendments in section 138 in the Ontario Securities Act in 2005. Topics discussed include increase in class actions after the enactment of section 138 according to data released by National Economic Research Associates, provisions of section 138 which include secondary market liability, differences between the U.S.Securities Exchange Act and Ontario Securities Act and decision of Ontario Court of Appeal in Morrison v. National Australia Bank.
- Subjects
ONTARIO; UNITED States; SECURITIES; STOCK exchange laws; CLASS actions; NATIONAL Economic Research Associates Inc.; SECONDARY markets; NATIONAL Australia Bank Ltd.; ACTIONS &; defenses (Law)
- Publication
International Lawyer, 2014, Vol 48, Issue 1, p17
- ISSN
0020-7810
- Publication type
Article