Securities Regulations

Discussion — 3 units. This course provides a foundational understanding of federal securities law. As embodied in statutes, SEC rules, and cases, that law governs the issuance, trading, and disclosure of securities in U.S. markets. Leading topics covered in the course include the definitional question of what constitutes a “security” under federal securities law, the registration and exemption process, the antifraud provisions (including Rule 10b-5), the role of the Securities and Exchange Commission in rulemaking and enforcement, and securities class actions.

Prerequisite: Prior or concurrent enrollment in Law 215/215C Business Associations is recommended.
Final Assessment: Exam