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“适用乃法规之生命”。美国证券法历经将近百年仍屹立不倒,证券司法案例构成的判例法是其保持活力、发挥影响的重要原因。通过阅读这些判例,可以更深刻地感悟证券法的精神,更直观地领略证券法的活力。
“Applicable law is the life ”. The securities law of the United States has survived for nearly a hundred years. The case law formed by the securities judicial cases is an important reason for its vitality and influence. By reading these precedents, we can further comprehend the spirit of securities laws and more intuitively understand the vitality of securities laws.