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Abstract

I. The Bursting Bubble . . . . . 732

II. A String of Corporate Scandals . . . . . 734

III. Regulating the Conflicted Securities Industry . . . . . 737

IV. The Supreme Court Turns Away from Investor Protection . . . . . 739

V. Some Promise of Investor Relief in the Enron Litigation . . . . . 741

VI. Mixed Results in Market Fraud Litigation . . . . . 745

VII. Customer Claims against Brokers . . . . . 748

VIII. Arbitration as a More Promising Forum . . . . . 751

IX. Claims That May Not Prevail in Arbitration . . . . . 760

X. Conclusion . . . . . 761

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