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Since Movements Between Exchanges Typically Are a Zero Sum Within

question 25

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Since movements between exchanges typically are a zero sum within a country, and spinouts and bulletin board movements are few in number, real growth in listings comes from IPOs.


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United States v. Lopez

A 1995 Supreme Court case that ruled the Gun-Free School Zones Act of 1990 as unconstitutional for exceeding Congress's authority under the Commerce Clause.

Commerce Clause

A provision in the U.S. Constitution (Article I, Section 8) that gives Congress the power to regulate commerce with foreign nations, and among the several states, and with the Indian tribes.

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