In the Supreme Court of the United States' decision in Central Bank of Denver, N.A. v. First Interstate Bank of Denver, N.A., the Court recognized that lawyers participating in a securities offering may be primarily liable under Section 10(b) of the Securities Exchange Act of 1934 and under one...

The world’s fragmented, sovereign securities markets have been dramatically transcended by the forces of internationalization. Worldwide deregulation has collapsed many of the regulatory barriers to an integrated global marketplace. The most dynamic regulatory evolution has occurred in the...