A comprehensive and intensive survey of statutes and regulations governing securities distribution and trading on the stock exchanges, and broker-dealer regulation. Topics covered include the definition of "security," disclosure obligations generally, the role of the Securities and Exchange Commission in regulating the securities markets, and the regulation of broker-dealers. We will examine disclosure and registration obligations regarding public offerings of securities and trading in the stock markets. We will also examine the exemptions from registration for small-scale transactions. We will consider regulation and self-regulation of the securities markets (including the exchanges and the over-the-counter markets) generally as well as broker-dealer sales practices.
Students in the writing section also need to register for the three credit regular section. Strongly Recommended: Business Associations (may be taken concurrently).
Business Associations (pre- or corequisite).