By making Section 5 the heart of the securities regulation framework, the regime's framers embraced a system

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By making Section 5 the heart of the securities regulation framework, the regime's framers embraced a system that is more concerned with the quality of disclosure than the underlying merits of any particular offering.Is this the preferable regime?What are potential advantages and pitfalls?What alternative approach could have been chosen instead?

Posted Date: Jun 13, 2024 12:10 AM

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By making Section 5 the heart of the securities regulation framework, the regime's framers embraced a system

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