Professors Soderquist and Gabaldon have authored a text that is concise, painless, well-organized and that provides a solid understanding of the basic securities laws, retaining the familiar user-friendly format while offering expanded coverage of issues raised by the use of the Internet. One object of this text is to get a student on tract and keep him or her there. Another is to help in reviewing material and preparing for examinations. The authors define what a security is and examine the world of securities law. The book explains how securities are registered under the Securities Act and identifies exemptions from the requirements. Addresses resales, liability for violations, reporting, proxy regulation, and tender offers. Reviews Rule 10b-5 and short-swing trading. Also addresses international aspects of securities law. This book takes pains to make securities law more accessible to all students.