LL4K8 Half Unit
Law of Corporate Finance: Securities Regulation
This information is for the 2025/26 session.
Course Convenor
Elizabeth Howell
Availability
This course is available on the LLM (extended part-time), LLM (full-time), MSc in Law and Finance 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 uses controlled access as part of the course selection process.
How to apply: Priority will be given initially to LLM, MSc Regulation and MSc Law and Finance students on a first-come-first-served allocation.
Spaces permitting, requests from all other students will be processed on the same first-come-first-served allocation from 10am on Thursday 2 October 2025
By submitting an application, students are confirming that they meet any pre-requisites specified. Providing an additional written statement will not aid a student's chances of being accepted onto a course, and statements are not read.
Deadline for application: Not applicable
For queries contact: Law.llm@lse.ac.uk.
This course has a limited number of places and demand is typically high. This may mean that you’re not able to get a place on this course.
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; gatekeepers; the internationalisation of capital-raising and harmonisation; and sustainable finance. The course will focus primarily on English law but will consider the impact of the UK’s withdrawal from the EU. Course coverage may vary slightly from year to year.
Teaching
20 hours of seminars in the Winter Term.
This course has a reading week in Week 6 of Winter Term.
This course is delivered through weekly two-hour seminars in Winter Term. The course includes a Reading Week in Week 6 of Winter Term.
Formative assessment
Students will have the opportunity to write a formative essay during Winter Term.
Indicative reading
Reading lists will be provided in advance for each session. Sample texts include Ferran, Howell and Steffek, Principles of Corporate Finance Law (3rd edition, 2023); and Gullifer and Payne, Corporate Finance Law, (4th ed, 2025).
Assessment
Exam (100%), duration: 150 Minutes, reading time: 15 minutes in the Spring exam period
Key facts
Department: LSE Law School
Course Study Period: Winter Term
Unit value: Half unit
FHEQ Level: Level 7
CEFR Level: Null
Total students 2024/25: Unavailable
Average class size 2024/25: Unavailable
Controlled access 2024/25: NoCourse selection videos
Some departments have produced short videos to introduce their courses. Please refer to the course selection videos index page for further information.
Personal development skills
- Communication
- Specialist skills