With globalization, securities markets have become increasingly interconnected, and securities fraud frequently crosses … borders, creating problems for national regulators seeking to deter and punish fraud. The United States' well …-developed private enforcement mechanism for securities fraud is very attractive to investors around the world who are harmed by …

Participants in the U.S. capital markets can be sued for securities fraud by a mishmash of enforcers, including the SEC …

context of the federally implied cause of action for securities fraud. This article engages the concept of recklessness in the … setting of class action, fraud-on-the-market lawsuits against securities issuers and their executives. Extending prior work … recklessness as a level of intent producing fraud, and by the Third Restatement's recent adoption of a fundamentally objective …