SECURITIES REGULATION, Second Edition, opens with an engaging chapter that presents the issues in terms of their effect on investors. From this unique starting point, students progress to well—conceived problems that require them to fill the role of judge or lawyer. Timely coverage brings students in direct contact with:ú mutual funds; a new chapter on Investment Advisers and Investment Companies explores the growth of the industry and the resulting regulatory problemsú the Private Securities Litigation Reform Act of 1995 today's high tech environment and its implications for regulation contemporary theories and academic literature The problems in SECURITIES REGULATION, Second Edition, are carefully structured to be multi—level, so professors have a point of departure into as much theory as they wish. With this modular casebook, you can select the subjects and topics you wish to cover and sequence them to match your syllabus. Whatever level of depth and detail your course brings to the Securities Act or the Securities Exchange Act, this fully revised casebook will fit your needs.