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Expert Analysis

Morrison and Dodd-Frank's Extraterritoriality Dilemma

Law360 ( November 30, 2010, 2:28 PM EST) -- In Morrison v. National Australia Bank Ltd. , the U. S. Supreme Court addressed the extraterritorial reach of Section 10(b) of the Securities Exchange Act. In that case, the Supreme Court addressed so-called "f-cubed" Section 10(b) claims — foreign plaintiffs suing foreign defendants in connection with securities traded on foreign exchanges. . . .

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