Securities Regulation: Cases and Analysis, 2nd Edition by Stephen J. Choi and A.C. Pritchard

About the Authors


Stephen J. Choi

Murray and Kathleen Bring
Professor of Law
New York University School of Law

A.C. Pritchard

Professor of Law
The University of Michigan Law School


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Securities Regulation: Cases and Analysis, 2nd Edition
By Stephen J. Choi and A.C. Pritchard


This new casebook, Securities Regulation: Cases and Analysis, aims to make both securities markets and securities regulation accessible and manageable, helping students to master the basic principles and structure of securities regulation and enabling them to begin their careers as corporate lawyers with confidence.

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Securities regulation is one of the most bewildering courses in the law school curriculum, because the statutory and regulatory source materials used in it are obscurely written and interact in complicated ways. The students' difficulty is exacerbated by the fact that many of them lack a business background and so lack an understanding of the motivations behind the transactions and the rules regulating them. The book embodies several distinctive features, including its manner of presentation and its brevity. It also includes a teacher's manual that provides useful materials for the professor as well as in-class and at home exercises for students.

Highlights Include:

  • Complete coverage of the 2005 Public Offering Reforms.
  • Each chapter begins with a brief essay laying out the economics of the subject of the chapter.
  • Chapters are organized around a single "Motivating Hypothetical" which reinforces the common-sense approach, and challenges students to apply the legal rules presented in the cases and materials.
  • Each chapter includes questions in the introductory paragraphs that precede each of the cases, designed to focus the students on the main issue addressed by the case.
  • Notes covering topics not found in the cases and other primary materials are included, which allows the authors to present important points in a logical order and a concise fashion.
  • Extensive use of charts and tables allows the material to be presented in a way that crystallizes the most important points.
  • Provides enough material for the 3-or- 4- credit-hour basic class in securities regulation offered at virtually every law school.




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