The Private Securities Litigation Reform Act of 1995: Did the "rushed debate" really spell the end of securities claims and RICO?

被引：0
|
作者：
Colesanti, JS [1 ]
机构：
[1] Assoc Bar City New York, Corp Law Comm, New York, NY USA
来源：
SECURITIES REGULATION LAW JOURNAL | 1998年 / 26卷 / 02期
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D O I：
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中图分类号：
D9 [法律]; DF [法律];
学科分类号：
0301 ;
摘要：
The Private Securities Litigation Reform Act of 1995 amended the Securities Act of 1933 and the Securities Exchange Act of 1934 in hopes of decreasing the number of class action lawsuits by enhancing procedural requirements to be met by private plaintiffs. The "RICO Amendment" removed securities fraud as a predicate act for civil RICO liability. In this article, the author argues that the Congress' poor drafting and "rushed debate" of the Amendment essentially enabled the courts to circumvent Congress' clear attempt to reform RICO.
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页码：139 / 161
页数：23
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