Not available in 2018/19
LL4K8      Half Unit
Law of Corporate Finance: Securities Regulation

This information is for the 2018/19 session.

Teacher responsible

Prof Niamh Moloney NAB6.08


This course is available on the LLM (extended part-time), LLM (full-time), MSc in Law and Accounting and University of Pennsylvania Law School LLM Visiting Students. This course is available with permission as an outside option to students on other programmes where regulations permit.

This course is capped at 60 students.

Course content

The course examines the legal issues arising out of the operation of the capital markets as intermediaries between investors and issuers; it focuses on the regulation of capital-raising through the markets. The topics covered include: disclosure theory; the role of trading markets in finance-raising and their regulation; prospectus disclosure; ongoing disclosure; market abuse; and the internationalization of capital-raising and harmonization. The course will focus primarily on English law. Course coverage may vary slightly from year to year.


22 hours of lectures and 5 hours of seminars in the LT.

Teaching on this course takes the form of weekly two-hour lectures in LT. Five classes/seminars (of one-hour duration) will also take place as scheduled in the LL4K8 timetable.

Formative coursework

A mock examination will be held at a time to be advised during LT.

Indicative reading

Reading lists will be provided in advance for each session. Sample texts include: Ferran and Ho, Principles of Corporate Finance Law, 2 ed 2014; Payne and Gullifer, Corporate Finance Law, 2011.

Preliminary reading

Ferran and Ho, Principles of Corporate Finance Law, 2 ed 2014, Chapters 1 and 13.


Exam (100%, duration: 2 hours, reading time: 15 minutes) in the summer exam period.

Key facts

Department: Law

Total students 2017/18: 29

Average class size 2017/18: 10

Controlled access 2017/18: Yes

Value: Half Unit

Guidelines for interpreting course guide information

Personal development skills

  • Communication
  • Specialist skills