Global Issues in Securities Law

This book marks the 24th entry in the Global Issues series of books designed to introduce international, transnational and comparative law issues into traditionally domestic law school courses. It begins with an overview of the globalization of securities markets and the policy issues this phenomenon raises for securities regulation. Following this, the book explores differences in national approaches to the substance of securities regulation, both with regard to mandatory disclosure obligations and with regard to insider trading, and looks at the enforcement of securities laws---first looking at comparative approaches to government enforcement, next at the topic of how enforcement agencies in different nations cooperate with each other, and finally a comparative look at different approaches to the highly controversial topic of private enforcement of securities laws. This leads to a look at the reach of United States securities laws to transactions taking place abroad. Finally, the book closes with an examination of emerging securities markets and what lessons nations with such markets can draw from the experience of nations with developed markets.