Disclosure's Failure in the Subprime Mortgage Crisis
The most up-to-date version of this piece can be found in the Duke Law Scholarship
This symposium article examines how disclosure, the regulatory focus of the federal securities laws, has failed to achieve transparency in the subprime mortgage crisis and what this failure means for modern financial securities markets.
Date of Authorship for this Version
Schwarcz, Steven L., "Disclosure's Failure in the Subprime Mortgage Crisis" (2008). Duke Law School Faculty Scholarship Series. Paper 123.