International Financial Markets

This course provides the basic comparative law basis of the banking and other financial services markets in the major financial centers of England, Europe, Japan, Hong Kong, Singapore, etc. Particular topics include: the extraterritorial application of the federal securities laws to distributions and trading abroad, including a review of the application of US antifraud and anti-manipulative rules to offers and sales of securities made abroad; the problems of foreign bank secrecy laws to enforcement of the federal securities laws; the application of the registration requirements of the US securities laws to offerings made abroad; and the registration requirements of the Securities Act of 1933 and Securities Exchange Act of 1934 to foreign issuers with securities distributed and/or traded in the US either directly or through sponsored and unsponsored ADR programs. In addition, attention is given to the taxation of both US and overseas participants, including when a user of international markets becomes subject to taxation requirements of a foreign country.

Course Information
Course #: LAW 819
Program: LLM
Area of Study: Financial Services Law and Compliance
Credit Hours: Three credit hours.