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📖 Description
This casebook offers a clear and concise introduction to the economics of securities markets, which drive regulation of securities, and has a single-minded focus on disclosure and the economics of disclosure. It is concise, easy to read, and student friendly. The chapters are organized around motivating hypotheticals. These hypotheticals make it easier for the students to follow the material, and are a very useful teaching device. This casebook attempts to make securities regulation easy to teach and understand. It provides role-playing and prospectus-drafting exercises to involve students in learning tedious securities materials (i.e., prospectuses).