Certificate(s): High Tech Law - Corporate Specialization Only
Class Notes:Professional Skills Course
This transaction-oriented course offers an introduction to the two most important federal securities laws: the Securities Act of 1933 and the Securities Exchange Act of 1934. The course explores the disclosure obligations these statutes impose on the distribution and trading of investment securities such as common stock, preferred stock, debt and cryptocurrency, with the goal of training students to represent public and private companies in successfully negotiating the capital raising process. Topics to be covered include the preparation of disclosure documents, exemptions from disclosure requirements, the relationship between disclosure obligations and anti-fraud rules, and the duties of participants in securities transactions. The course will also explore whether these laws should apply to the distribution and trading of cryptocurrency, such as bitcoin, ether and the over 2000 tokens currently trading on foreign and, in some cases, domestic currency exchanges and will examine the regulatory efforts of the Securities and Exchange Commission in the cryptocurrency space.
Prerequisite: Business Organizations (248)