Market Making and the Changing Structure of the Securities Industry PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Market Making and the Changing Structure of the Securities Industry PDF full book. Access full book title Market Making and the Changing Structure of the Securities Industry by Yakov Amihud. Download full books in PDF and EPUB format.
Author: Yakov Amihud Publisher: Beard Books ISBN: 1587981637 Category : Business & Economics Languages : en Pages : 338
Book Description
This is a reprnit of a previously published book. it deals with changes on the U.S. financial market by the Securities Acts Amendment of 1975.
Author: Yakov Amihud Publisher: Beard Books ISBN: 1587981637 Category : Business & Economics Languages : en Pages : 338
Book Description
This is a reprnit of a previously published book. it deals with changes on the U.S. financial market by the Securities Acts Amendment of 1975.
Author: James D. Cox Publisher: Wolters Kluwer Law & Business ISBN: 9781454825012 Category : Casebooks Languages : en Pages : 0
Book Description
The national reputation of the authors, their balance of practice and doctrine, and a highly teachable structure have all made Securities Regulation: Cases and Materials the best-selling text in the field. Applauded for excellent coverage of the 1934 and 1935 Acts, the text remains sophisticated yet not intimidating. Modular chapters adapt to a variety of teaching styles, giving the instructor flexibility in course design. Well-written, interesting problems expose students to theory as well as the practical issues that impact investors. Problems are short for ease of use in the classroom and allow instructors to pick and choose to suit their own classes. The authors publish both an annual statutory and a case supplement. The Seventh Edition pays close attention to the recently-enacted JOBS Act including the SEC's implementation rules. The new edition explores multiple impacts of the Dodd-Frank Act on the scope and content of securities regulations. An expanded description of various financial products pays particular heed to asset-backed securities and derivatives. The new meaning of "primary liability" under Rule 10b-5 after Janus Capital is introduced as are the ongoing developments in the nature and structure of securities markets (dark pools and the aftermath of the "flash crash.") Proxy regulation changes are discussed, asking the question, "Where does shareholder ballot access stand?" New note material appears on the D.C. Circuit's approach to interpreting "efficiency, competition and aggregation of capital" when considering challenges to SEC rule making. Post-Morrison developments in the extraterritorial application of law are included as well as the new strategies pursued in SEC enforcement. Features: national reputation of the authors balance of practice and doctrine experience lends highly teachable structure applauded for excellent coverage of the 1934 and 1935 Acts flexible organization for various teaching styles problem-oriented interesting problems reveal theory as well as practical issues impacting investors short problems for ease of use in the classroom allows instructors to pick-and-choose to suit their own classes readable, straightforward writing--sophisticated but not intimidating annual statutory and case supplement Thoroughly updated, the revised Seventh Edition presents: careful consideration of the recently-enacted JOBS Act, including SEC's implementing rules multiple impacts of the Dodd-Frank Act on the scope and content of securities regulations expanded description of financial products, particularly asset-backed securities and derivatives coverage of the new meaning of "primary liability" under Rule 10b-5 after Janus Capital developments in the nature and structure of securities markets, including dark pools and the aftermath of the "flash crash" proxy regulation changes new note material on D.C. Circuit's interpretation of "efficiency, competition and aggregation of capital" when considering challenges to SEC rule-making Post-Morrison developments in the extraterritorial application of law new strategies pursued in SEC enforcement
Author: Kenneth Lehn Publisher: Irwin Professional Publishing ISBN: Category : Business & Economics Languages : en Pages : 558
Book Description
New developments in securities markets, particularly in the areas of technology, financial products, and foreign securities markets, are challenging the Securities and Exchange Commission to reconsider its regulatory policies. This book offers detailed prescriptions for effective regulation from experienced regulators and noted scholars in the field. A definitive collection that illustrates how research and expert opinion can help the SEC frame issues and establish objective criteria for evaluating the effectiveness of its policies.
Author: Merritt B. Fox Publisher: Columbia University Press ISBN: 023154393X Category : Business & Economics Languages : en Pages : 612
Book Description
The U.S. stock market has been transformed over the last twenty-five years. Once a market in which human beings traded at human speeds, it is now an electronic market pervaded by algorithmic trading, conducted at speeds nearing that of light. High-frequency traders participate in a large portion of all transactions, and a significant minority of all trade occurs on alternative trading systems known as “dark pools.” These developments have been widely criticized, but there is no consensus on the best regulatory response to these dramatic changes. The New Stock Market offers a comprehensive new look at how these markets work, how they fail, and how they should be regulated. Merritt B. Fox, Lawrence R. Glosten, and Gabriel V. Rauterberg describe stock markets’ institutions and regulatory architecture. They draw on the informational paradigm of microstructure economics to highlight the crucial role of information asymmetries and adverse selection in explaining market behavior, while examining a wide variety of developments in market practices and participants. The result is a compelling account of the stock market’s regulatory framework, fundamental institutions, and economic dynamics, combined with an assessment of its various controversies. The New Stock Market covers a wide range of issues including the practices of high-frequency traders, insider trading, manipulation, short selling, broker-dealer practices, and trading venue fees and rebates. The book illuminates both the existing regulatory structure of our equity trading markets and how we can improve it.
Author: James D. Cox Publisher: Aspen Publishing ISBN: 1543838480 Category : Law Languages : en Pages : 1408
Book Description
Buy a new version of this textbook and receive access to the Connected eBook on CasebookConnect, including: lifetime access to the online ebook with highlight, annotation, and search capabilities, plus an outline tool and other helpful resources. Connected eBooks provide what you need most to be successful in your law school classes. Learn more about Connected eBooks. The Tenth Edition of Securities Regulation: Cases and Materials encompasses the sea changes that have recently occurred in the securities laws and capital markets, brought about by both SEC rulemaking and shifts in underwriting practices. The casebook carries forward its long-held standard of providing students with an in-depth, sophisticated, practical look at contemporary securities law. As it has since its first edition, this volume contains a highly teachable mix of problems, cases, and textual material, encouraging students to build their knowledge base by being active problem-solvers. Always forward-thinking, stressing current developments and controversies, the book is also highly modular, so that professors can easily pick and choose how to structure their courses without being locked into any given progression. New to the Tenth Edition: Developments involving cryptocurrencies and coin offerings Commentary on market developments such as issues arising with the retailization of trading markets The SEC’s procedures for direct listings and the regulatory issues surrounding the explosion of SPACs The sweeping November 2020 reforms to the issuer transaction exemptions from registration, and the new standards for evaluating whether offerings will be integrated The Supreme Court’s most recent Goldman Sachs decision addressing fraud on the market Coverage of several developments affecting the SEC’s enforcement powers The SEC’s new rules for proxy advisory services and shareholder proposals Where the law stands today regarding the obligations of broker-dealers in the wake of Regulation Best Interest Professors and students will benefit from: The book’s highly modular organization, enabling different teaching formats and coverage Extensive use of problems that build student awareness of the fundamentals, with directions in the Teacher’s Manual on how best to teach them Concise notes that introduce the reader to both theory and real-life practice issues A book that is always up-to-date and on the cutting edge
Author: Alan R. Palmiter Publisher: Aspen Publishing ISBN: 1543819877 Category : Law Languages : en Pages : 772
Book Description
Informal and student-friendly, this best-selling study guide—also used by Wall Street lawyers and SEC staffers as a reference book—gives an overview of federal securities regulation and illustrates the topic with practical applications. Examples & Explanations: Securities Regulation, Eighth Edition combines clear introductions with examples and explanations that allow students to test their understanding of concepts and practice applying the law to fact patterns—many drawn from actual events in the securities markets. New to the Eighth Edition: Updates on U.S. capital formation in public and private securities markets, with a focus on trends in IPOs, going-private transactions, and private placements New materials on the treatment of “autonomous business” forms and crypto-currencies (including gaming tokens) under the federal securities law Trends in the use of Reg D, Reg A+, and Reg CF over the past several years, given recent amendments to these registration exemptions under the Securities Act of 1933 The timeliness of Section 11 suits under the Securities Act of 1933, as interpreted by the Supreme Court in CALPERS v. ANZ Securities, Inc. (2017) The preemption of state court class actions under the Securities Act of 1933 and the right of defendants to remove such actions to federal court, as interpreted by the Supreme Court in Cyan, Inc. v. Beaver County Employees Retirement Fund (2018) The securities-fraud liability of a securities rep, who disseminated false information provided to him by a superior, as interpreted by the Supreme Court in Lorenzo v. SEC (2019) Lower court application of the “personal benefit” analysis in Salman v. United States (2016) to quid pro quo tips of inside information to family and friends Updates on judicial and SEC enforcement of the federal securities laws—in particular, the use of disgorgement and civil penalties in the sale of nonexempt, unregistered securities The timeliness of disgorgement sanctions in SEC enforcement actions, as interpreted by the Supreme Court in Kokesh v. SEC (2017) The proper appointment of SEC administrative law judges and their authority to impose sanctions in SEC administrative enforcement actions, as interpreted by the Supreme Court in Lucia v. SEC (2018) The availability of Dodd-Frank whistleblower protection to a company executive who reported a possible securities violation within his company but not to the SEC, as interpreted by the Supreme Court in Digital Realty Trust, Inc. v. Somers (2018) The requirement of individualized showings of “domestic transactions” in a securities fraud class action brought against a foreign company whose securities traded on U.S. and foreign markets Professors and students will benefit from: A study guide that introduces students to the subject’s clubbish vocabulary, identifies its important principles, and reveals its layered structure. Chapters in which, after sketching the key concepts of U.S. securities regulation, give students a chance to compare their responses to concrete examples with the book’s detailed explanations. The text includes new and updated charts on: Shareholdings in the US securities markets Capital formation through public and private offerings Actual use of the various registration exemptions The updated examples and explanations include new questions on: “Autonomous business” forms and crypto-currencies Section 11 class actions brought in state court Fraudulent statements “made” by securities professionals Insider trading tips to friends and family Availability of disgorgement sanctions in SEC enforcement actions
Author: Patrick S. Collins Publisher: John Wiley & Sons ISBN: 1118008561 Category : Business & Economics Languages : en Pages : 384
Book Description
The ultimate guide to the current rules and regulations that govern the securities industry?including amendments in 2010 Providing readers with expert coverage of domestic securities regulation, this book fills the need for coverage of securities regulations, defining, describing, and explaining everything professionals need to know about domestic securities regulation. Examines the current securities rules Provides an overview of the latest regulations for this industry Includes a description of the various government regulations of securities markets, and securities transactions Since the corporate scandals of 2002, this industry has seen intense scrutiny of how it is regulated. Regulation of Securities, Markets, and Transactions demystifies the new laws and regulations with straightforward, to-the-point coverage professionals need.
Author: Stephen Jung Choi Publisher: ISBN: Category : Business & Economics Languages : en Pages : 840
Book Description
Securities Regulation: Cases and Analysis includes detailed coverage of the SEC's 2005 Public Offering Reforms and seeks to make both securities markets and securities regulation accessible and manageable, helping students to master the basic principles and structure of securities regulation and enabling them to begin their careers as corporate lawyers with confidence. Each chapter begins with a brief essay laying out the economics of the subject of the chapter. Securities markets are all about money, so an understanding of the economic incentives of the various actors is essential to an understanding of the effects of the regulatory regime.
Author: Yakov Amihud
Author: Yakov Amihud
Author: 
Author: James D. Cox
Author: Kenneth Lehn
Author: Merritt B. Fox
Author: James D. Cox
Author: Alan R. Palmiter
Author: Patrick S. Collins
Author: Stephen Jung Choi
Author: Merritt B. Fox