Securities Law

This text provides a comprehensive analysis of the substantive law governing securities markets in the United Kingdom. It discusses the formal regulation of securities markets by the Financial Services Authority, the general law of England and Wales as it applies to securities, and the various EC directives that shape U.K. securities law. It covers shares, debt securities, and derivatives, as well as primary and secondary securities. It offers guidance on how to apply the principles successfully in practice and analyzes relevant case law, statutes, and regulations. Other topics include marketing securities, admission of securities to the official list, and potential liability.