Understanding Securities Law

Description

The Understanding Series titles are treatises on a specific area of law. They provide an in-depth discussion of the area of law and could be called paperback hornbooks. This Understanding treatise follows a logical sequence of analysis of a securities issue. The author begins with defining a “security” and registration exemptions, and then continues through the process for non-exempt transactions. Understanding Securities Law clearly, thoroughly, and concisely addresses the subjects covered in basic securities regulation courses, including: the definition of security exemptions from registration; the registration framework and process; resales and reorganizations; due diligence; liabilities and remedies; affirmative disclosure duties; insider trading; SEC enforcement; and professional responsibility. The author also includes a glossary of key terms, statutes, rules, regulations and forms and schedules, and comparative charts synopsizing previously discussed materials. This text covers the regulation of publicly and privately held companies under the Securities Exchange Act of 1934, SEC “fraud” concepts, civil liabilities under the securities law, and state “Blue Sky” law. It also discusses legislation on “Aiding and Abetting Liability” (Central Bank of Denver), the “Bespeaks Caution” Doctrine as it has been applied to securities law claims, and the constitutionality of ? 27A(b) of the 1934 Securities Exchange Act (Plaut 1995).