Georgakopoulos, Nicholas L.

The logic of securities law / by Nicholas L. Georgakopoulos - Delhi: Cambridge University Press, 2018. - 200p.; 23cm.

Includes Bibliographical references and index.

1. Introduction. Real markets and financial markets
Part I. Definition of a Security: When to Leave Buyer Beware for Seller Disclose?
2. Toward defining a security
3. The vacuous definition of a security
4. The function of investment contract
5. Pricing mechanisms
6. From the sale of business doctrine to Gustafson
7. Gustafson works!
8. Definition conclusion
Part II. Disclosure: Why Subsidize Informed Traders?
9. Introduction
10. An overview of disclosure theories
11. The failure of the corporate disclosure decision
Part III. Deterrence of Securities Fraud
12. Introduction to deterrence intensity
13. Comparing the economic function of deceit to that of securities fraud
14. Reliance in deceit and securities fraud
15. Conclusion of deterrence intensity
Part IV. Insider Trading
16. Introduction to insider trading
17. Insider trading law
18. Defining insiders
19. Concluding the insider trading analysis
Part V. The Virtuous Cycle of Liquid Markets, Accurate Prices and Cheap Trading
20. The virtuous cycle
21. Closing note: financial crises and securities law.
Appendix
Biblioghraphy
Index

Finance is alien to our daily experience and its regulation is incomprehensible. This book reveals the world of finance and shows the engine of its regulation with simplicity, examining securities law in great detail. (Source: WorldCat)

9781316610992


Securities
Securities United States
United States

346.730666 / GEO