Securities & Capital Markets

Plain answers to Securities and Capital Markets questions, with every citation independently ruled by the Kingsfield judge against the primary-law corpus.

• What does SEC Rule 10b-5 prohibit?17 CFR 240.10b-5 · 15 USC 78j(b)
• Does the Securities Act require securities to be registered before sale?15 USC 77e(a)
• How can restricted securities be resold without registration under Rule 144?17 CFR 230.144