The Logic of Securities Law
eBook - PDF

The Logic of Securities Law

  1. English
  2. PDF
  3. Available on iOS & Android
eBook - PDF

The Logic of Securities Law

About this book

This book opens with a simple introduction to financial markets, attempting to understand the action and the players of Wall Street by comparing them to the action and the players of main street. Firstly, it explores the definition of a security by its function, the departure from the buyer beware environment of corporate law and the entrance into the seller disclose environment of securities law. Secondly, it shows that the cost of disclosure rules is justified by their capacity to combat irrationalities, fads, and panics. The third section explains how the structure of class actions is designed to improve deterrence. Next it explores the economic harm from insider trading and how the law fights it. In sum, the book shows how all these parts of securities law serve the virtuous cycle from liquidity to accurate prices and more trading and how the great recession showed that our securities regulation reacted mostly adequately to the crisis.

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Yes, you can access The Logic of Securities Law by Nicholas L. Georgakopoulos in PDF and/or ePUB format, as well as other popular books in Law & Financial Law. We have over one million books available in our catalogue for you to explore.

Information

Topic
Law
Index
Law

Table of contents

  1. Cover
  2. Half-title page
  3. Title page
  4. Copyright page
  5. Dedication
  6. Contents
  7. List of Figures and Tables
  8. Foreword
  9. Acknowledgments
  10. 1 Introduction: Real Markets and Financial Markets
  11. Part I Definition of a Security: When to Leave Buyer Beware for Seller Disclose
  12. Part II Disclosure: Why Subsidize Informed Traders?
  13. Part III Deterrence of Securities Fraud
  14. Part IV Insider Trading
  15. Part V The Virtuous Cycle of Liquid Markets, Accurate Prices, and Cheap Trading
  16. Appendix: Informed Trading Optimization and Proof
  17. Authorities and Bibliography
  18. Index