Securities Regulation

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This textbook provides a comprehensive and student-friendly source for students to grasp and learn this challenging subject matter. Nearly all of the key areas of securities regulation are covered, including definition of security, exemptions from registration, the Securities Act registration framework, resales of securities, due diligence in the securities offering context, Securities Act liability under Section 11, Section 12, and control person provision, Exchange Act Section lO(b) antifraud liability in private litigation, other remedial provisions that are employed in private litigation, secondary liability such as aiding and abetting, control person, and respondeat superior liability, insider trader, broker-dealer law, mergers and acquisitions, SEC enforcement, and attorney ethical obligations in the securities law setting.

The book utilizes the problem method along with explanatory narrative, SEC pronouncements, and case law. It can easily be used in both a general securities regulation course as well as more specialized offerings in this field. Written by the most prolific author of securities law scholarship in this country who is a former SEC enforcement attorney with wide practical experience as a consultant to law firms and as an expert witness in several high-profile cases, the textbook provides a practical, analytical, and insightful approach that makes it particularly attractive for adoption.