Die Prospektrichtlinie und Prospektverordnung: Eine dogmatische, ökonomische und rechtsvergleichende Analyse

Volker Wiegel

Published by De Gruyter 2008

Die Prospektrichtlinie und Prospektverordnung

Eine dogmatische, ökonomische und rechtsvergleichende Analyse

The Prospectus Directive and the Prospectus Regulation - a dogmatic, economic and comparative analysis of law -

Volker Wiegel

Volume 24 in the series Schriften zum Europäischen und Internationalen Privat-, Bank- und Wirtschaftsrecht

https://doi.org/10.1515/9783899495867

Overview
Contents

About this book

Since the passage of the Prospectus Directive and the Prospectus Regulation by the European authorities in 2003, that legislation has been carefully observed by the capital markets until today. The aim of these regulations is to establish an integrated, efficient and liquid European capital market in order to protect the investors.
The author describes in detail the regulations (including the annexes) starting with the genesis of the legislation by using the comitology procedure and interprets them on the basis of the CESR recommendations. He discusses numerous practical examples (e.g. the definition of a public offering, secondary placements or employee stock option schemes) and applies his interpretation.
In a second step the author compares the results with the prospectus disclosure regime established by the Securities Act of 1933 in the United States and analyses them from an economics perspective.
On the basis of this economic analysis of law, the author shows the potential impact of the legislation on the economy and the corporations; in particular he pursues the question, whether or not the legislation meets its aims.
The research on hand is an extensive description and analysis of the Prospectus Directive and the Prospectus Regulation and provides a profound evaluation of one of the key issues of the European legislation of the past years.

Author / Editor information

Volker Wiegel, Rechtsanwalt in Frankfurt am Main.

Topics

Frontmatter Requires Authentication Unlicensed Licensed Download PDF	i
Inhaltsverzeichnis Requires Authentication Unlicensed Licensed Download PDF	xiii
Abkürzungsverzeichnis Requires Authentication Unlicensed Licensed Download PDF	xxxi
Einleitung Requires Authentication Unlicensed Licensed Download PDF	1
Teil 1: Begriff, Geschichte und Funktionsweise des Kapitalmarktes Requires Authentication Unlicensed Licensed Download PDF	9
Teil 2: Gründe, Entwicklung und Hauptgegenstand der Prospektrichtlinie Requires Authentication Unlicensed Licensed Download PDF	83
Teil 3: Prospektrichtlinie – Anwendungsbereich, Prospektpflicht und Ausnahmen Requires Authentication Unlicensed Licensed Download PDF	149
Teil 4: Prospektinhalt Requires Authentication Unlicensed Licensed Download PDF	211
Teil 5: Gestaltung, Bereitstellung und Werbung Requires Authentication Unlicensed Licensed Download PDF	315
Teil 6: Nachwirkende Pflichten, Gültigkeit und Haftung Requires Authentication Unlicensed Licensed Download PDF	363
Teil 7: Behördliche Prüfung und Zusammenarbeit Requires Authentication Unlicensed Licensed Download PDF	413
Teil 8: Zusammenfassende Bewertung und Ausblick Requires Authentication Unlicensed Licensed Download PDF	431
Backmatter Requires Authentication Unlicensed Licensed Download PDF	437

(Deutsch)

Language: German
Publisher: De Gruyter
Audience: Lawyers, Certified Public Accountants, Bankers, Stock Market, Listed Companies, Private Equities, Corporations, Administrations, Scholars, Academic Departments, Libraries
Pages
- Front matter: 38
- Main content: 474
Keywords: Law pertaining to capital markets

eBook

Published: March 13, 2009
ISBN: 9783899495867

Hardcover

Published: April 15, 2008
ISBN: 9783899494778