620 - Securities Regulation (3 hours)
An analysis of the federal regulation of private capital formation through the issuance of securities, including an examination of the registration process in a public offering, exemptions from registration, liability for false statements in a securities offering, and rules applicable to post-distribution sales. The course will involve group work on daily hypotheticals, as well as individual work on "scavenger hunts" of actual securities disclosure documents. There will be a final, take-home essay exam. Prerequisite: Business Organizations.