Securities law is undeniably central to our economy and livelihood, but for many the law can be arcane and opaque. This handbook, written by a litigator who has taught securities law at two law schools, as well as at the Securities and Exchange Commission, will help to lead practitioners, law professors, law students, and even those not schooled in the law, through the maze of American securities. This handy reference text includes guidance on the registration of securities and public offerings, civil and criminal liability, the prohibition of market manipulation and insider trading, as well as the intricacies of securities litigation, class actions, and the arbitration of securities disputes. Among other subjects, it also covers the Foreign Corrupt Practices Act and the current attempts to regulate the sale of cryptocurrencies as securities.
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, a Distinguished Visitor from Practice at Georgetown Law, and an Adjunct Professor at the Elisabeth Haub Law School at Pace University. Mr. Saunders has also taught Securities Litigation and Enforcement at the Securities and Exchange Commission.