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Quotation from United States v. O'Hagan by Supreme Court of the United States

“The theory is also well-tuned to an animating purpose of the Exchange Act: to insure honest securities markets and thereby promote investor confidence.”

Supreme Court of the United States

United States v. O'Hagan, Opinion of the Court (Justice Ginsburg), Part II-B (U.S. Reports text (Legal Information Institute))

Portrait of Supreme Court of the United States

Justice Ginsburg ties the misappropriation theory to the purposes Congress gave the Exchange Act.

Citation: "The theory is also well-tuned to an animating purpose of the Exchange Act: to insure honest securities markets and thereby promote investor confidence." — Supreme Court of the United States, United States v. O'Hagan, Opinion of the Court (Justice Ginsburg), Part II-B (U.S. Reports text (Legal Information Institute)). (id united-states-v-ohagan-q3)

Portrait: Ruth Bader Ginsburg official SCOTUS portrait (cropped), Steve Petteway, Collection of the Supreme Court of the United States, Public domain.

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