Broker-Dealer Law and Regulation [Hardcover]

Norman S. Poser (Author)

Book Description

Publication Date: September 1997 | ISBN-10: 1567065996 | ISBN-13: 978-1567065992 | Edition: 2 Lslf

From duties under the common law to obligations imposed by the federal securities statutes, the new Second Edition of Broker-Dealer Law and Regulation covers the full range of the law that protects the relationship between broker- dealers and their customers. This recent update includes not only private rights of action, but also securities arbitration and mediation.

Whether you represent a brokerage firm or securities dealer, an employee of the firm or a customer, you'll find insightful analysis of the law and practical, expert advice on such crucial issues as:

* "Churning" customers' accounts
* Unsuitable recommendations
* Unauthorized trading
* Market manipulation
* Vicarious liability
* Defenses that may be asserted against broker-dealers
* Compensatory and punitive damages
* Liability of controlling persons
* Rules of self-regulatory organizations
* Securities arbitration
* Conflicts of interest
* Appendices containing both the Federal Arbitration Act and the NASD Code of Arbitration Procedure

Broker-Dealer Law and Regulation is also the only available source that fully discusses breach of fiduciary duty and other possible state law claims, which are now much more important under the narrowed scope of SEC Rule 10b-5.

Editorial Reviews

From the Publisher

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Product Details

• Hardcover
• Publisher: Aspen Law & Business; 2 Lslf edition (September 1997)
• Language: English
• ISBN-10: 1567065996
• ISBN-13: 978-1567065992
• Product Dimensions: 10.2 x 9.2 x 3.2 inches
• Shipping Weight: 3.4 pounds
• Average Customer Review: 2.5 out of 5 stars  See all reviews (2 customer reviews)
• Amazon Best Sellers Rank: #10,786,702 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

10 of 10 people found the following review helpful:

1.0 out of 5 stars Too narrow a focus as compared to the title., August 27, 1998

By A Customer

This review is from: Broker-Dealer Law and Regulation (Hardcover)

This book is great if you represent plaintiffs in securities arbitration cases, but it falls short of providing the practical information it promises for running a broker/dealer on a daily basis. As a former general counsel for a Southern California firm, and a practicing securities attorney with NASD experience, I do not find the book helpful in advising clients who are not involved in litigation.

4.0 out of 5 stars good overview, August 3, 2000

By 

David Brunner (Switzerland) - See all my reviews

This review is from: Broker-Dealer Law and Regulation (Hardcover)

This book gives to a foreign lawyer who represents customers of securities dealers a good overview of the american securities dealers law and the procedures his clients have to go through.