Section 16(b) and its Limitations Period: the Case for Equitable Tolling

摘要

This coming term, in Credit Suisse Securities (USA) LLC v. Sim-monds, the Supreme Court will address the limitations periods for private rights of action under the Supreme Court will explore the contours of the limitation period for the private right of action under Section 16(b) of the Securities Exchange Act of 1934. Periods of limitations mitigate the risk that. . . This balance is manifest in the judicial and congressional eff ort to fashion limitation periods for private rights of action under the securities laws.