Securities Regulation: Cases and Materials

Rating:
Summary: The Gold Standard on the Subject
Review: This casebook by Professors Coffee and Seligman is the gold standard for the teaching of federal securities law. It is the successor to the casebook originally by Richard Jennings and Harold Marsh, both now deceased, which was used to teach the subject to the majority of securities lawyers now in practice. It includes a careful selection of materials revealing the progression of ideas in the field in most of the subjects of importance to students receiving an introduction to the law in this area. The cases are well selected, and serve as a compendium of the meat of the matter in all the important cases in the field that are cited in briefs filed in all types of litigation in this area and which guide the transactional lawyers through the thickets. I used this text in my original law school coursework, and found it in use later as I pursued an LL.M. degree in the area at NYU. As the field has undergone some major upheaval due to the scandals involving Enron, Global Crossing and the like, it is appropriate that Coffee and Seligman be listed as sole authors on the cover, although one can still see some of the flavor of the original work by Jennings and Marsh. It is a classic.