Course ID: :207377


This course provides an introduction to the regulation of the Canadian capital markets. We will cover a number of basic concepts including the purpose and scope of securities regulation (i.e., what is a ""security""?), the prospectus process, continuous disclosure obligations, the exempt market, broker/dealer and advisor registration, takeover bids, civil liability and enforcement. Most of these topics focus on the relationship between the investor and the issuer. Within these topics, we will discuss emerging issues in securities regulation, including the recent debate regarding regulatory burden and the tension between investor protection and efficiency of the capital markets. The main objective of the course is to review the legislation, regulations, policy instruments and relevant cases with a view to developing an understanding of the underlying policy considerations that animate securities regulation. Throughout the course, there will be opportunities to discuss and debate the policy choices reflected in the current rules.

Components: Lecture

Assessment Method: 

Degree Requirement Fulfilled:

Prerequisite: LAW 440