Securities Regulation--Extraterritorial Application of Section 10(B) and Rule 10B-5--Relief Available for Foreign Individuals Where Fraudulent Acts Perpetrated in the United States

Authors

D. Jack Sawyer Jr.

Publication Date

5-1976

Document Type

Casenote

Abstract

In International Investment Trust v. Vencap, Ltd., the United States Court of Appeals for the Second Circuit held that federal courts have subject matter jurisdiction over a suit brought by a defrauded foreign individual under federal securities laws where fraudulent acts are perpetrated in the United States.

Recommended Citation

Sawyer, D. Jack Jr. (1976) "Securities Regulation--Extraterritorial Application of Section 10(B) and Rule 10B-5--Relief Available for Foreign Individuals Where Fraudulent Acts Perpetrated in the United States," Mercer Law Review: Vol. 27: No. 3, Article 12.
Available at: https://digitalcommons.law.mercer.edu/jour_mlr/vol27/iss3/12