Enter Search terms below and press Go

 

Corporation Service Company

 

Securities Regulation A
Professor Hal S. Scott
3 classroom credits LAW-46200A Fall, 3 or 4 optional clinical credits LAW-46200C Fall

This course offers an intensive introduction to the two most important federal securities laws: the Securities Act of 1933 and the Securities and Exchange Act of 1934. The course explores the elaborate disclosure obligations that this country imposes on the distribution and trading of investment securities. Topics to be covered include the preparation of disclosure documents, exemptions from disclosure requirements, the relationship between disclosure obligations and anti-fraud rules, the duties of participants in securities transactions, and the applicability of federal securities laws to transnational transactions. The course will also examine how U.S. securities regulation has moved beyond disclosure to regulation of business practices in the post-Enron era. In particular, we will examine Sarbanes-Oxley, the separation of research from investment banking, control over IPO share allocations, and the liability of financial institutions for "aiding and abetting" the misrepresentation of financial statements. Most students find it helpful to have completed a course in Corporations before taking Securities Regulation. Students who have not taken Corporations must obtain the permission of the instructor to take this course.

Students who would like to participate in the optional clinical must enroll through clinical registration. Placements are with the Securities and Exchange Commission. Clinical grading is pass/fail. Please refer to the Office of Clinical and Pro Bono Programs (http://www.law.harvard.edu/academics/clinical) for clinical course registration dates and early add/drop deadlines.

 

 

 

Back