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    • 20288-01
    • [The] Law and Regulation of Securities and Financial Markets
    • Macey
    • Wed 1:10 PM-3:00 PM
    • 2 to 3
    • -
    • open enrollment
    • exam with paper option

    [The] Law and Regulation of Securities and Financial Markets (20288). 2 or 3 units. This course will consider the regulation of the process of raising capital from investors in public offerings and private placements of such securities that is governed primarily by the Securities Act of 1933 (Securities Act). The course will also consider the regulation of trading and trading venues that is governed primarily by the Securities Exchange Act of 1934 (Exchange Act). Particular attention will be paid to stock market manipulation and insider trading, as well as to issues of market structure. The course will consider the nature and purpose of the legal obligations, particularly the obligations to make disclosure of "material" information that are assumed by participants in the securities markets in various contexts. The system of integrated disclosure, the definition and role "due diligence" by purchasers and sellers of securities, various exemptions from the provisions of the rules, also will be discussed. Emphasis will be given to the roles of the investors who buy securities, the companies that issue securities and to the underwriters (investment bankers), lawyers, and accountants involved in the process. The course will consider the role of the Securities and Exchange Commission in regulating the capital markets and the participants in such markets. The ways that securities laws and regulations, including various provisions of the Securities Act and the Exchange Act and the Sarbanes-Oxley Act of 2002, affect the corporate governance, strategic planning and general business practices of U.S. companies also will be a topic of discussion. Self-scheduled examination or paper option. J.R. Macey.

    Location: SLB - 120 (Wed)
    Grade mode: graded
    CRN: 10406
    Exam: 1/06/2015 - 1/15/2015
    Questions available online
    Name or Id: Id
    Length: 3 hour(s)
    Notes: Self-scheduled Exam: You may take this exam at any time during the examination period, either through YLS ExamWeb or by signing out the questions from the Registrar's Office.

    Use your Exam ID.