THE LAW OF RESTRICTED SECURITIES & RESALES
This law course will explore the legal framework governing restricted securities and resales in the United States, focusing on the Securities Act of 1933 and relevant SEC regulations. The course aims to develop a deep understanding of the regulations, exemptions, and legal considerations surrounding the issuance and resale of restricted securities, as well as the role of the SEC in enforcement and compliance.
Course Objectives:
By the end of this advanced law course on the Law of Restricted Securities & Resales, students should be able to:
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Understand the historical context and motivations behind the regulation of restricted securities and resales, as well as the Securities Act of 1933’s objectives.
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Explain key concepts and definitions related to restricted securities, control securities, and affiliates, as well as the role of the SEC in regulation and enforcement.
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Analyze the legal and regulatory framework governing the issuance and resale of restricted securities, including registration requirements, exemptions, and compliance considerations.
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Discuss the various rules and regulations surrounding restricted securities and resales, such as Regulation D, Rule 144, Rule 144A, Regulation S, Rule 145, Regulation A+, and Regulation CF.
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Evaluate the impact of restricted securities regulations on issuers, investors, and the overall securities market.
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Examine the role of state securities laws (Blue Sky Laws) and their interaction with federal securities regulation.
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Compare the regulation of restricted securities and resales in foreign jurisdictions and assess its place within the global regulatory landscape.
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Conduct research on selected topics related to restricted securities and resales and effectively communicate findings through presentations and discussions.
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Apply the knowledge gained in this course to analyze real-world case studies, enforcement actions, and litigation related to restricted securities and resales.