Instructor(s) Davis, Kenneth
This course examines the legal issues created by the internationalization of markets for capital, and the removal of the historic barriers to cross-border transactions. After a brief survey of the US approach to investor protection, the course will consider a variety of topics in depth, including enforcement, insider trading, market efficiency, cross-border offerings and cross-listing on stock exchanges, and the extraterritorial application of law. A recurring theme will be the efforts underway for countries to harmonize their laws and for national regulators to cooperate with one another.
This course is being offered for the first time and students are advised to approach it as a “work in progress.” One of the advantages of that status is that there remains some flexibility to fit the structure and content of the course to the size of the class and the specific interests of the students.