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Rating:  Summary: Good Resource Review: Okay, so this isn't pleasure reading...And I only bought it because it was assigned. Still, I'm working in the securities area this summer and I don't know what I'd do without it. Hornbooks are great and I highly recommend them. But sometimes they don't really delve into the fine points of the law. This book is all about the fine points. I'll admit it's dense, but securities law isn't the simplest of topics. The other textbooks I've seen don't have as many cases and they seem to gloss over important topics like materiality which isn't that terrible until you need to know whether a particular activity is material.Does the book cover a lot of ground? Yes. Is it a challenging read? Yes. Is there a better Sec. Reg. text out there? I haven't seen one.
Rating:  Summary: very unclear Review: This is a very unclear book with horrible, dense prose. The authors seem to have an impressive grasp of securities law, and fill the notes with many meaningful substantive explications of various technical points, but they are basically just awful writers, which makes this text a serious chore to read. Of course, no one is going to buy it unless it is assigned in a law school class, so its lack of clarity unfortunately won't really induce "customers" to buy a different securities text, but it is worth noting that you will probably need to go ahead and buy a very good hornbook right from the start. In your class, I'd suggest you read this text as little as possible: it will make your head hurt, and it's far too dense to teach you securities regulation effectively.
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