BTC3130

Stock exchange and derivatives law ( 6 points, SCA Band 3, 0.125 EFTSL)

Leader: Associate Professor Paul Latimer

Offered:
Clayton First semester 2006 (Day)

Synopsis: This unit involves a study of the legal framework regulating the securities and futures industries, which derives from the interaction of statute law, case law, ASIC releases, ASX and SFE rules. It focuses on the regulation of financial services intermediaries by statute, case law and administration by ASIC, the ASX and the SFE. Topics include market regulation by ASIC, the ASX and the SFE, liability for misstatements and non-disclosure about financial products, licensing of dealers and investment advisers, the relationship of broker and client, conduct of securities and futures business.

Assessment: Assignment (2500 words): 30% + Examination (3 hours): 70%

Contact Hours: 3 hours per week

Prerequisites: BTC1110 or BTC2110 or equivalent