This securities course will introduce students to a range of important areas of concern for today’s securities lawyer including but not limited to: SEC enforcement investigation and process topics; Sarbanes-Oxley requirements and ethical concerns; insider and outsider trading; the interaction between SEC enforcement actions, criminal proceedings, and private securities class action lawsuits; the role of the five Commissioners at the SEC; the impact of regulations and loopholes on securities offerings; regulated entity and regulated individual compliance issues; the challenge of regulating the markets; and strategic considerations in representing entities versus individuals, particularly concerning cooperation credit and attorney-client privilege waiver issues. The course will discuss legal theories and the practical application of those theories in real world scenarios.