Rule 10b-6: The Special Study's Rediscovered Rule

Authors

Jack M. Whitney II, Member of the Securities and Exchange Commission, 1961; Member of the Illinois Bar

Abstract

An attempt either to assign responsibility for the breakdown in communication or to secure a quantitative measure of the consequences of that breakdown would be bootless. I attempt here only to pinpoint some of the areas of seeming ambiguity within the rule, and to consider them in light of a variety of situations wherein, it is hoped, the problems will become clearer and more precise, thus facilitating the consideration of whether solutions are needed and what form they should take.

Recommended Citation

Jack M. Whitney II, Rule 10b-6: The Special Study's Rediscovered Rule, 62 Mich. L. Rev. 567 (1964).
Available at: https://repository.law.umich.edu/mlr/vol62/iss4/3