This Note examines subject matter jurisdiction in transnational securities fraud cases. The approaches adopted by the circuit courts and the Draft Restatement are critically analyzed, and the language and purpose of the Act are reviewed. A new test for determining subject matter jurisdiction in a United States forum is proposed, which will result in a greater protection of American and foreign investors who purchase and sell securities abroad.
Edward A. Taylor,
Expanding the Jurisdictional Basis for Transnational Securities Fraud Cases: A Minimal Conduct Approach,
6 Fordham Int'l L.J. 308
Available at: http://ir.lawnet.fordham.edu/ilj/vol6/iss2/3