Understanding The Securities Laws Author:Larry D. Soderquist The Sarbanes-Oxley Act of 2002 is a frontal assault on corporate fraud, and the new Fourth Edition of Understanding the Securities Laws gives you a clear, detailed grasp of how the Act and related SEC rules are dramatically changing the way you work as a player in the securities industry. While remaining the definitive step-by-step guide to u... more »nderstanding and implementing procedures mandated by the Securities Act of 1933, Securities Exchange Act of 1934, and seminal case law in the field, the new Fourth Edition clarifies and analyzes the many new governance, reporting, and disclosure requirements you must comply with to avoid the now greater civil and criminal penalties. Here, in one concise volume, is essential problem-solving guidance on how: - Public companies can satisfy new disclosure rules, by detailing the makeup of their audit committees and the status of their code of ethics and their internal controls for financial reporting. - Securities lawyers can meet tough new standards of professional conduct, including new reporting and recordkeeping obligations. - CEOs and CFOs can comply with stiff new certification requirements designed to ensure the validity of annual and quarterly reports. - Directors, officers, and principal stockholders can meet detailed new standards ofconduct, including rigorous new disclosure requirements. By turning to Understanding the Securities Laws, you'll learn how the new rules challenge the primacy of Rule 10(b)-5 -- pave the way for equitable relief for wronged investors -- add increased penalties for ill-gotten profits -- create new director and officer bars for misconduct -- prohibit certain personal loans to executives -- redefine "blackout period" in seeking to prevent insider trading -- extend the statute of limitations for securities fraud -- mandate greater penalties for securities fraud and mail and wire fraud -- and create other imposing lines in the sand you cant afford to cross.« less