Financial markets and securities law

A.Y. 2020/2021
6
Max ECTS
42
Overall hours
SSD
IUS/04
Language
Italian
Learning objectives
Il corso ha lo scopo di far conseguire agli studenti:
- la conoscenza approfondita degli argomenti oggetto del corso, sul presupposto dell'avvenuta acquisizione degli elementi basilari durante la precedente carriera universitaria;
- la capacità di affrontare criticamente i temi e risolvere le questioni giuridiche attraverso la rielaborazione delle nozioni apprese;
- il rafforzamento del linguaggio tecnico attinente alla materia;
- la capacità di collegare i diversi argomenti al fine di elaborare proposte utili alla soluzione di fattispecie concrete, anche attraverso lezioni di taglio casistico svolte con la partecipazione attiva degli studenti.
Expected learning outcomes
Al termine del corso lo studente che abbia proficuamente appreso la materia avrà una conoscenza approfondita degli argomenti del corso, con l'acquisizione di un metodo di ragionamento idoneo a organizzare le fonti e affrontare temi giuridici specifici e complessi nel diritto dei mercati dei capitali.
Course syllabus and organization

Single session

Responsible
Lesson period
Second semester
TEACHING METHODS
Where possible, also considering the limited number of students who are expected to attend the course, classes will be taught in person by the Professor.
In the event that the classes cannot be held in person, classes will be taught through Microsoft Teams and students will be able both to attend on Microsoft Team in real time at the scheduled hours for the class, and to have access in a different hour to classes, which will be recorded and made available on Microsoft Teams.

COURSE PROGRAMME AND MATERIALS
The course programme and materials will not change.

EXAMINATION
The final examination will take place in the form of an oral examination through Microsoft Teams or, where possible in person. The criteria to evaluate the oral examination will not change.
Course syllabus
The course addresses:
- capital markets and securities regulation: the reasons of the regulation and the impact of EU laws;
- supervisory Authorities;
- financial products and instruments;
- financial intermediaries and their services: investment services and collective investment undertakings;
- regulated markets;
- the offer to the public of financial products;
- the prospectus. Prospectus liability. Information to be disclosed to the market;
- market abuse and market manipulation;
- Issuers' regulation;
- public tender offers for the purchase or the underwriting of financial instruments.
Prerequisites for admission
The course is for students who have passed the examination in Commercial Law.
Teaching methods
The course is taught through oral lectures by the Professor. During the class, it will be encouraged the analysis of case law or other precedents, the discussion in class and possible presentation by students.
Teaching Resources
Recommended books:
- F. Annunziata, La disciplina del mercato mobiliare, Torino, Giappichelli, last
printed edition; or
- R. Costi, Il mercato mobiliare, Torino, Giappichelli, last printed edition.
At the beginning of the class different books may be recommended based on
printed editions available.
Students attending the class will have access to handouts and materials.
Assessment methods and Criteria
The final examination takes place in the form of an oral examination and the grades are expressed in a scale from zero to thirty (30), with the possible the mention "cum laude". The criteria to evaluate the oral examination are based on the ability of the student to provide correct answers, to make a clear presentation and to make critical analysis and arguments.
IUS/04 - BUSINESS LAW - University credits: 6
Lessons: 42 hours
Professor: Baccetti Niccolo'
Professor(s)