'Morrison's' Impact on Claims Under the Commodity Exchange Act

, New York Law Journal

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Todd G. Cosenza, a partner at Willkie Farr & Gallagher, reviews recent Southern District decisions that represent important expansions of 'Morrison v. National Australia Bank' outside of the context of traditional equity and debt securities, and demonstrate that district courts will attempt to discern a clear, affirmative intent in a statute's text that it applies extraterritorially before expanding the statute's reach to conduct and trades that take place abroad.

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