Talk:SEC Rule 10b-5

Latest comment: 2 months ago by BD2412 in topic Rule or law?

Untitled edit

Question: How does Rule 10b-5 impact tipper-tippee liability?

Date of release? edit

Date of release?

Rule or law? edit

Is this a rule or law? If a rule, what is the difference from a law? -- GreenC 15:02, 13 March 2024 (UTC)Reply

Does United States administrative law#Rulemaking help?  —Smalljim  16:12, 13 March 2024 (UTC)Reply
Thank you. Yes that helps. I'm still unclear on some things but I understand it is part of a structure Congress created to regulate complex areas. And rules have the power of law. -- GreenC 17:05, 13 March 2024 (UTC)Reply
I think US Rules are like the UK's Statutory Instruments. They are the bits of legislation that are most referred to in day-to-day legal business because they deal with the necessary detail, not the generalities expressed in an Act of Congress / Act of Parliament.  —Smalljim  17:24, 13 March 2024 (UTC)Reply
As it happens, I created this article — nearly two decades ago, when it was of more immediate interest to my studies at the time. The tenor of the discussion here is correct. Congress makes laws, and gives broad power to agencies to make rules through which those laws can be enforced. BD2412 T 17:41, 13 March 2024 (UTC)Reply