This course explores the role and regulation of investment banks and securities firms in connection with raising capital (equity and debt) primarily through the public offering of securities. Included will be a detailed study of requirements and procedures for the federal registration and distribution of securities and a review of state "Blue Sky" laws. A prior familiarity with the Securities Act of 1933 is assumed and the majority of class time focuses on more advanced subjects, including analysis of underwriting agreements, anti-manipulative regulations applicable to distributions, regulation of public offerings by the NASD and offshore offerings. The perspective will be that of investment bankers, particularly their obligations and potential liabilities. In addition, the course covers how multi-service firms engaged in investment banking, trading and brokerage activities must deal with inside information.
|Course #:||LAW 805|
|Area of Study:||Financial Services Law and Compliance|
|Credit Hours:||Three credit hours.|