SLUSA Preemption Requirements

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Can you name the SLUSA Preemption Requirements?

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Defendant must show that the suit is a Meaning sought on behalf of 50 or more people or where a named party seeks to recover damages on a represenatitive basis
that the plaintiff's claim are based on case law varies if only federal can be removed
that a [answer] has been purchased or soldSame as NSMIA of 1996: listed or authorized for listing on a national exchange
that the defendant [andswer] or employed a manipulative or deceptive device or contrivance
this misrepresentation was [answer] the purchase or sale of the covered securityZandford type 10b-5 test typically used

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Created Nov 11, 2011ReportNominate
Tags:requirement