Nov 22, 2011 | Lead Articles, Number 4, Print Edition, Volume 44
Today, securities offerings and trading have become, to a remarkable extent, global in the same vein as other economic and business activities. The globalization is taking place mainly through integration of national securities markets. The principal examples of such...
Nov 22, 2011 | Lead Articles, Number 4, Print Edition, Volume 44
In the world of international constitutional law, the use of foreign judicial decisions in domestic jurisprudence has long created controversy and confusion for both lawmakers and legal scholars. This once seemed strictly an American problem because of America’s...
Nov 22, 2011 | Lead Articles, Number 4, Print Edition, Volume 44
Often enough, laws respond to the serious needs and desires of a society. At other times, society will render the law essentially ineffective because it goes against the grain of society’s moral direction. Prohibition, as well as laws against abortion, fornication,...