Securities Exchange Act, Securities Act, securities, note, certificate
Article discusses the intent of the Securities Act of 1933 and Securities Exchange Act of 1934 and their various judicial interpretations. Article notes the judicial trend away from a literal reading where all securities would be covered by the acts but how the Second Circuit has been reluctant to stray from a literal interpretation of the acts despite a rejection from the United States Supreme Court.
An Overview of Promissory Notes Under the Federal Securities Laws,
6 Fordham Urb. L.J. 529
Available at: https://ir.lawnet.fordham.edu/ulj/vol6/iss3/5