Securities Regulation

Catalog description

Elective Course Prerequisite: Business Associations Course Requirement: exam Fulfills Transactional Legal Practice Concentration elective This course is designed to provide an overview of the public offering and sale of securities under the Securities Act of 1933. A problem analysis approach will allow students to follow the registration process from the initial business decision to ?go public? through the filing of the registration statement and subsequent sales of securities. Students should complete the course with an overall understanding of the securities registration process as it applies in the United States. The course will explore the question of ?what is a security?? The concept of ?materiality? is also considered along with the consequences of a deficient registration statement, including the remedies available under the Act. The course will explore exemptions from the registration requirements of the Act including the private offering exemption, the intrastate offering exemption, the small offering exemption and Regulation D. Secondary transactions and resales of securities are also covered.