The logic of securities law

Resource Information

The work The logic of securities law represents a distinct intellectual or artistic creation found in European University Institute. This resource is a combination of several types including: Work, Language Material, Books.

Label

The logic of securities law

Statement of responsibility

Nicholas Georgakopoulos, Indiana University

Creator

• Georgakopoulos, Nicholas Leonidas

Subject

• Corporations -- Finance | Law and legislation -- United States
• Disclosure of information -- Law and legislation -- United States
• Class actions (Civil procedure) -- United States
• Securities -- United States
• Securities fraud -- United States
• Insider trading in securities -- Law and legislation -- United States

Language

eng

Summary

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.--

Assigning source

Provided by publisher

Cataloging source

UkCbUP

Index

index present

Literary form

non fiction

Nature of contents

dictionaries

Series statement

Cambridge Social Sciences eBooks