Regulation of Securities Markets

Subject LAWS70328 (2010)

Note: This is an archived Handbook entry from 2010.

Credit Points: 12.50
Level: 7 (Graduate/Postgraduate)
Dates & Locations:

This subject has the following teaching availabilities in 2010:

May, Parkville - Taught on campus.
Pre-teaching Period Start not applicable
Teaching Period not applicable
Assessment Period End not applicable
Last date to Self-Enrol not applicable
Census Date not applicable
Last date to Withdraw without fail not applicable


Timetable can be viewed here. For information about these dates, click here.
Time Commitment: Contact Hours: The total class time is between 24 and 26 hours.
Total Time Commitment: Visit the Melbourne Law Masters website for more information about this subject.
Prerequisites: Visit the Melbourne Law Masters website for more information about this subject.
Corequisites: Visit the Melbourne Law Masters website for more information about this subject.
Recommended Background Knowledge: Visit the Melbourne Law Masters website for more information about this subject.
Non Allowed Subjects: Visit the Melbourne Law Masters website for more information about this subject.
Core Participation Requirements: Visit the Melbourne Law Masters website for more information about this subject.

Coordinator

Assoc Prof Ann O'Connell

Contact

For the most up-to-date information about this subject, contact the Melbourne Law Masters Office by email at law-masters@unimelb.edu.au or phone 8344 6190 or alternatively visit the subject website: www.masters.law.unimelb.edu.au
Subject Overview:

Principal topics will include:

  • The policy basis for regulation of securities markets and participants
  • The evolution of Chapter 7 of the Corporations Act 2001 (Cth) as it applies to securities transactions
  • The key concepts of securities, financial products and financial services
  • What is a financial market?
  • Licensing of financial markets
  • The role of the ASX in regulating market participants
  • The role of the ASX in regulating listed entities
  • The relationship between ASX and the Australian Securities and Investment Commission (ASIC)
  • Enforcement of ASX Listing Rules
  • Regulation of financial service providers
  • Prohibited market conduct
  • Insider trading
  • Short selling.
Objectives:

A student who has successfully completed this subject should have:

  • An understanding of how securities markets in Australia are regulated under Chapter 7 of the Corporations Act 2001 (Cth)
  • An understanding of who participates in the securities markets and how those participants are regulated under the Corporations Act 2001 (Cth) and the rules of the Australian Securities Exchange (ASX)
  • An understanding of prohibited market practices such as market manipulation, insider trading and short selling.
Assessment:

10,000 word research paper (100%) (30 August) on a topic approved by the subject coordinator
Prescribed Texts: Visit the subject website for more information
Breadth Options:

This subject is not available as a breadth subject.
Fees Information: Subject EFTSL, Level, Discipline & Census Date
Generic Skills: Visit the Melbourne Law Masters website for more information about this subject.
Links to further information: http://www.masters.law.unimelb.edu.au/

Download PDF version.