6.6 Liabilities Under the Federal Securities Laws
| Library | Corporations and Partnerships in Virginia (Virginia CLE) (2016 Ed.) |
6.6 LIABILITIES UNDER THE FEDERAL SECURITIES LAWS
Federal securities laws impose substantial duties on directors and officers in addition to those arising under state law. These duties principally relate to disclosure practices applicable to securities registrations and transactions involving corporations and their controlling persons. Securities laws are complex and sometimes receive inconsistent interpretations from different federal courts. Directors and officers must comply with the various rules in...
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