Securities Regulation : Cases and Materials Book

Keeping pace with the many changes in the area, Securities Regulation: Cases and Materials, Fourth Edition, introduces a wealth of new material in the same highly flexible structure that earned its position as the bestseller in the field.

The authors keep their book challenging yet teachable by:

• Mixing doctrine and professional judgments.
• Offering maximum flexibility for instructors through the use of modular chapters.
• Effective use of the problem method to expose students to both theory and practice issues.
• Writing in a readable, straightforward style that is sophisticated, but not intimidating.
• Offering an annual case supplement keyed to the book, which includes high-quality coverage of the 1933 and 1934 Acts, as well as, an introduction to the 1940's Acts.

New material in the Fourth Edition responds to developments in the law and facilitates student understanding:

• New Chapter on Financial Reporting emphasizes the procedures and substantive standards added by Sabanes-Oxley and recent SEC actions and explores the critical role of auditors and 'generally accepted auditing standards'
• Exploration of the 'fairly presents' requirement that is now part of the executive certification requirements for reports filed with the SEC.
• Important discussion of the new Sarbanes-Oxley developments that were designed to enhance the integrity of the reporting system.
• Review of the extensive SEC rules adopted in the wake of Sarbanes-Oxley.
• Relocation of the chapter on Materiality to the middle of the book.
• Condensed introductory chapter that eliminates material on technology and globalization.
• New treatment of the burgeoning behavioral economics literature on investor heuristics in addressing risky and complex choices.
• Major new cases: In the matter of W.R. Grace & Co.., Caiola v. Citibank, N.A., Cendant Corporation Securities Litigation, Cedric Kushner Promotions, Ltd. V. King, Gallagher v. Abbott Laboratories, Inc., KPMG, LLP v. SEC, Razorfish, Inc. Securities Litigation, SEC v. ETS Payphones, Inc., SEC v. GLT Dain Rauscher, SEC v. Zandford.