id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
inlawrev-2839	Thomas, Rosemary J.	The Fraud on the Market Theory: A "Basic"ally Good Idea Whose Time Has Arrived, Basic Inc. v. Levinson	1989	24	.pdf	application/pdf	10981	695	64	'^ In particular, Rule lOb-5'^ provided broad language with which to carry out the purpose of protecting market investors from the types of activities, namely fraud and manipulation, that nearly brought the country to the brink of economic disaster during the last years of the 1920's. The hypothesis developed from the random walk model,^^ that is, that market prices will fluctuate randomly and be independent of prior changes. ^^	cache/inlawrev-2839.pdf	txt/inlawrev-2839.txt