Securities law is important, not only for litigators and transactional lawyers at law firms or in in-house positions, but also for policy-makers, enforcement lawyers, and others in government service. Corporations, be they small start-ups or long-established entities, raise capital in public and private offerings of securities. The offerings are subject to securities statutes and Securities and Exchange Commission rules and policies. In addition, all publicly held companies must observe a variety of disclosure and related requirements dictated in large part by securities statutes, rules, and policies. Failures to comply might result in highly consequential private and public litigation. Broadly speaking, federal securities regulation is displacing state corporate law as the primary legal influence on how corporations function and is also a focal point for the governance of financial markets and institutions.
Topics will include the preparation of disclosure documents, exemptions from disclosure requirements, and liability under anti-fraud rules. This course will also consider such related matters matters as how market forces influence corporate governance and the evolution of new financial products and trading systems. No prior business or financial background is required. The only prerequisite is: Business Associations, Business Associations (Enriched), or Corporations.
Hu, Henry T. C. 