The significance of securities laws to our economy and livelihood continues unabated. As our economy evolves, so do our securities laws, often in unexpected ways. In addition to enforcing individual accountability, the SEC has dramatically increased its activities in what it calls the “crypto asset securities space,” as well as focusing its attention on “environmental, social, and governance” issues of importance to many investors.
This Second Edition, which offers twenty-five percent more content than the prior version, guides readers through the maze of changing securities laws, all while grounding them in the existing fundamentals. This Handbook also includes guidance on the registration of securities, civil and criminal liability, market manipulation issues, insider trading, and the intricacies of securities litigation, including class actions and securities arbitrations, as well as the Foreign Corrupt Practices Act.
Paul Saunders is a retired litigation partner at Cravath, Swaine & Moore LLP. He graduated from Fordham College (BS), Georgetown University Law Center (JD), and New York University (MS in Global Affairs). He also holds a Certificat d’Études Politiques from l’Institut d’Études Politiques in Paris. From 1967 to 1971, he was a Captain in the U.S. Army Judge Advocate General’s Corps. He joined the Cravath firm in 1971 and became a partner in 1977. He is a Fellow of the American College of Trial Lawyers and an Honorary Senior Fellow of the British Institute of International and Comparative Law. He is a Distinguished Visitor from Practice at Georgetown Law and has taught as an Adjunct Professor at the Elisabeth Haub Law School at Pace University. He has also taught Securities Litigation and Enforcement at the Securities and Exchange Commission.