This casebook covers the changing landscape of securities regulations, dealing concisely with the current state of the law, as well as with expected modifications to securities regulation. The philosophy for the presentation of materials is that securities law is tricky, and most students need a straightforward guide through the maze. Coverage of the Securities Act of 1933 and the Securities Exchange Act of 1934 is kept separate, and care is taken to distinguish the different perspectives of the planner and the litigator. The Eighth Edition has been completely revised to reflect the Dodd-Frank Act of 2010, the JOBS and STOCK Acts of 2012, and a number of landmark Supreme Court decisions. In addition, several chapters have been restructured to make them more user-friendly.