Spring 2015
    Law No.: LAW7138
    Sched. No.: 115219159

Advanced Topics in Securities Regulation
Section 1
Vollmer, Andrew N.

Administrative Information:
During SIS enrollment, check on SIS for real-time enrollment numbers
Days, Times (Room):MT, 1000-1120 (WB104A)
Capacity:10 **This information is current as of 05/29/2015 06:15:08 AM**
Current Enrollment:9 **This information is current as of 05/29/2015 06:15:08 AM**

Course Description:

The course will examine several areas of securities regulation not covered in the introductory Securities Regulation course. These areas will involve sophisticated or controversial issues often faced in law practice today. We will cover a series of topics including most but not necessarily all of the following:

Sensitive disclosure issues for publicly reporting companies, such as discovery of serious internal misconduct, director resignation, or adverse product news.
Structure and disclosure of a complex securities transaction, such as a hedge fund investment.
Fundamentals of broker-dealer and exchange regulation.
Current issues in insider trading compliance and enforcement.
Current issues in litigation and enforcement, such as the scope of Rule 10b-5 and the application of Rule 10b-5 to transactions outside the United States.

Depending on time and the interest of the class, we also will cover one or two of the following topics:

Foreign Corrupt Practices Act.
The structure and regulation of the secondary securities markets, including the obligation to transact at the best prices and regulation of high frequency trading and dark pools.
The details of a recent and highly publicized enforcement case or class action.
Proxy regulation.
Tender offer regulation.

The course will draw from events now occurring in the marketplace and will use recent transaction documents, disclosure documents, SEC policy statements, and court filings or decisions. It will broaden and deepen a student’s understanding of the federal securities laws and will help prepare students to contribute to projects they are likely to confront at a business law firm or a government regulatory agency.

PREREQUISITE: Securities Regulation or Securities Regulation (Law & Business), recommended but not required
COURSE REQUIREMENT: Final paper and two papers of approximately 1500 words. Class participation will be taken into account.

Prerequisites:Securities Regulation or Securities Regulation (Law & Business), recommended but not required