Authorised by Academic Registrar, April 1996
Objectives On completion of this subject students should have a sound knowledge of the law relating to the securities industry; a good understanding of the law relating to derivatives; an understanding of legal issues arising in corporate and international finance; an ability to make an informed decision on how to avoid breaches of the law and when to seek professional legal advice.
Synopsis Constitutional background and development of securities industry law in Australia; stock exchange regulation; relationship of broker and client; conduct of securities business; liability in dealings in securities; shortselling; false trading; fraudulent dealing; insider trading; law relating to derivatives.
Assessment Two assignments: 20% each + Examination (3 hours): 60%