Superintendent of Insurance v. Bankers Life & Casualty Co.
Citation
404 U.S. 6 (1971)
Facts
Stub — to be completed.
Issue
Stub — to be completed.
Holding
Stub — to be completed.
Rule
Rule 10b-5 reaches any fraud or deceit practiced “in connection with” a purchase or sale of securities; the connection need not be the principal element of the transaction.
Significance
Broadly construed the “in connection with” requirement of Rule 10b-5.