Federalism and Investor Protection: Constitutional Restraints on Preemption of State Remedies for Securities Fraud

Warren discusses the Private Securities Litigation Reform Act and the National Securities Market Improvement Act, among other issues. Predominant federalism postulates foreclose the proposed intrusion into investors\u27 tort remedies traditionally allowed by the states under common law

A deep reinforcement learning based homeostatic system for unmanned position control

Deep Reinforcement Learning (DRL) has been proven to be capable of designing an optimal control theory by minimising the error in dynamic systems. However, in many of the real-world operations, the exact behaviour of the environment is unknown. In such environments, random changes cause the system to reach different states for the same action. Hence, application of DRL for unpredictable environments is difficult as the states of the world cannot be known for non-stationary transition and reward functions. In this paper, a mechanism to encapsulate the randomness of the environment is suggested using a novel bio-inspired homeostatic approach based on a hybrid of Receptor Density Algorithm (an artificial immune system based anomaly detection application) and a Plastic Spiking Neuronal model. DRL is then introduced to run in conjunction with the above hybrid model. The system is tested on a vehicle to autonomously re-position in an unpredictable environment. Our results show that the DRL based process control raised the accuracy of the hybrid model by 32%.N/

Bangor City Plan: The Burned District

Sample paragraphs: Your Committee on Civic Improvement, appointed by the Mayor in accordance with a vote of the citizens of Bangor at a mass meeting held May 2, 1911, begs to submit the following report: This report combines the study which your Committee has made, and that made by Mr. Watren H. Manning, Landscape Designer, of Boston, who was retained by your Committee to advise them in the work. Realizing the need of haste on account of our short building season, your Committee has confined its study entirely to the burned district, but hopes to be able to make reports on the outlying territory from time to time in the near future. We have tried in this report to recommend only what we considered absolutely necessary to be done at the present time by the City, looking to the future. While we have suggested plans to beautify the City, we have, at the same time tried to make no recommendations that would not in the near future repay the City many fold for the immediate outlay recommended. P.H. Coombs / J.P. Frawley / F.C. Bragg (Committee of Civic Improvement)https://digicom.bpl.lib.me.us/books_pubs/1191/thumbnail.jp

Letter from Warren H. Manning to John Muir, 1907 Oct 2.

WARREN H. MANNING.LANDSCAPE DESIGNER,1101-1104 TREMONT BUILDING,BOSTON, MASS.October 2, 1907.Mr. John Muir,Martinez, Calif.Dear Sir:-I very much desire to secure the names of the trees in the enclosed photographs of two large pictures which I bought for a client. I had these pictures in the rooms of the Appalachian Mountain Club, of which I am a member, for some time, but no one identified them. I thought that possibly you might be able to give me the names of these trees. Can you identify the man standing at the base of the large tree? Will you kindly return the enclosed photographs to me after you have finished with them.Thanking you in advance for any information you may be able to give me, I am,Yours very truly,Warren H. Manning.By[illegible]SBL0395

A Birthday Toast to \u3cem\u3eTexas Gulf Sulphur\u3c/em\u3e

This article commemorates the fiftieth anniversary of the Second Circuit’s Texas Gulf Sulphur decision by examining the impact of the case on insider trading law in the United States. The author begins by discussing the SEC’s opinion, In the Matter of Cady, Roberts & Co., which laid the foundation for the Texas Gulf Sulphur decision by creating a federal duty to disclose material nonpublic information or abstain from trading securities. The author then posits that the SEC, in its Cady, Roberts decision, rejected judicially developed common law fiduciary duty to disclose based on trust and confidence, and, by administrative fiat, substituted a broader federal duty of disclosure centered on access and unfairness. Next, the article examines how the Cady, Roberts decision would fair under the Supreme Court’s modern insider trading law. Finally, the article concludes with a discussion of the court’s adoption of a new federal duty of disclosure in Texas Gulf Sulphur