covered security
Definitions from Case Law · United States Supreme Court
Definitions from Case Law
From 547 U.S. 71 - Merrill Lynch, Pierce, Fenner & Smith Inc. v. Dabit · 2006Most cited · 1,012 citing opinions
a security that satisfies the standards for a covered security specified in paragraph (1) or (2) of section 18(b) of the Securities Act of 1933, at the time during which it is alleged that the misrepresentation, omission, or manipulative or deceptive conduct occurred .
How often courts cite the cases defining “covered security”
Court decisions citing the 2 opinions that defined “covered security” — 1,091 in all, by decade. Counts are citations to the defining cases as a whole, not verified uses of the term. The dip in the most recent years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the latest years.
All 2 definitions, chronological · 2006–2018
a security listed on a national stock exchange.