Rethinking Securities Law highlights the duality of State regulation of corporate power structure and shareholders' rights, and the Federal securities laws regulation of sale, and trading of corporate securities. Securities markets and the Securities Exchange Regulator affect not only corporate shareholders, but the country's financial well-being, which this book highlights in a thoughtful, detailed, and convincing discussion. These issues should be re-examined and the sooner the better.
Marc I. Steinberg is the Radford Professor of Law at the Southern Methodist University (SMU) Dedman School of Law. He has received appointments at several other outstanding universities, including the University of Cambridge, University of London, Sydney University, Heidelberg University, University of Hong Kong, Stockholm University, Bar llan University, University of Pennsylvania, and UCLA. Professor Steinberg was an attorney for the U.S. Securities and Exchange Commission in the SEC's Enforcement Division and its Office of General Counsel. He also has been retained as an expert witness in several high-profile cases. Professor Steinberg is this country's most prolific author of securities law scholarship, having authored approximately 40 books and 150 law journal articles. He is editor-in-chief of The International Lawyer and The Securities Regulation Law Journal. Professor Steinberg is a member of the American Law Institute.