The Law of Securities Regulation, Fifth Edition

A comprehensive secondary source for any course in Securities Regulation, this latest edition of Hazen’s Hornbook on the Law of Securities Regulation covers recent developments, including extensive treatment of the Sarbanes-Oxley Act. The Hornbook’s coverage includes definition of “security,” registration and disclosure obligations under the Securities Act of 1933, exemptions from 1933 Act registration, reporting obligations under the Securities Exchange Act of 1934, the proxy rules, tender offer regulation, civil liabilities. This Hornbook also covers broker-dealer regulation, market regulation, and the administrative role of the Securities and Exchange Commission. The Hornbook covers the securities law issues such as the proxy rules, SEC Rule 10b-5, and insider trading that are taught in basic courses on corporations and business associations. In addition, the Investment Company Act and Investment Advisers Act are covered, making the Hornbook suitable for advanced courses in securities regulation as well. The Hornbook goes beyond providing an explanation of basic principles—it also explores many of the more nuanced issues that may be considered in a securities regulation course. The book provides not only a helpful guide for students taking a course in securities regulation, but also serves as a starting point for research projects. Even beyond law school use, this Hornbook can serve as an easily accessible one-volume desk book for lawyers and judges.