Instructor(s): Paul Mahoney

For graduate students, the course number is LAW7308HS.

Course Location: Please see the "Intensive Course Schedule" under Schedules and Timetables

Note: Students may enroll in an intensive course that conflicts with a regular course as an exception to the general rule that students may not take courses which conflict on the timetable. Attendance at intensive courses is mandatory for the duration of the course and takes precedence over regular courses.

The course will cover the basics of the regulation of primary and secondary securities markets, issuers, broker-dealers, and other market participants in the United States. The Securities Act of 1933 and the Securities Exchange Act of 1934, enacted during the Great Depression of the 1930s, made securities regulation a matter of federal government concern in the U.S. and continue to provide the basic structure and concepts of securities regulation. We will study those statutes in some depth and look at extensions of the regulatory system to new activities and actors through more recent statutes such as the Sarbanes-Oxley Act and the Dodd-Frank Act. Throughout, the course will consider the cross-border effects of the regulations and how Canadian issuers and financial intermediaries access the U.S. markets. It will also note a few key distinctions between the U.S. and Canadian approaches to securities regulation.

Students will be required to write a paper of 2500 to 3000 words. Papers must be delivered to the Records Office by 4:00 p.m. on March 2, 2017.

At a Glance

Second Term



15 JD


Monday, January 30, 2017: 2:10 - 4:00
Tuesday, January 31, 2017: 12:30 - 2:00
Wednesday, February 1, 2017: 10:30 - 12:20
Thursday, February 2, 2017: 2:10 - 4:00
Monday, February 6, 2017: 10:30 - 12:20
Tuesday, February 7, 2017: 4:10 - 6:00
Wednesday, February 8, 2017: 2:10 - 4:00
Thursday, February 9, 2017: 8:50 - 10:20