Labels:book | reckoner | sky | tree | windowpane OCR: The phrase "unlawful for any person, underscores that 10(b) does apply and was intended to apply. to broad class of defendants lnclusion of thosc who act "indirectly" suggests legislative purpose fully consistent with the prohibition aiding and abetting. See Elizabeth Sager Note The Recognition Aiding and Abetting the Federal Securities Laws, HouS REV. 821. 846 1986) (aiding and abetting consistent with liability for "those only 'indirectly employ "manipulative deceptive' practices The language 10(b) supports congressional intcntion remedy and dcter not just primary wrongdoing but complicity as well Congress Undoubted Purpose To Fortity Exist- ing Protections Against Securities Fraud quir Exist ence Civil Aiding and Abetting Under 10{b} Just Keen Pace with t Com- mon Law of Deceit Unlike t ...
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