Volume XIII: Business and Private Organizations | Chapter 10 (2000): Securities Regulation – An Introduction
Completed in January 1994; later major changes have been taken into account until the end of 1999.
Detlev F. Vagts
16. Bringing securities to the market – Public offerings. – Most of the countries we survey require that securities being offered to the public undergo a process designed to safeguard the public and to give prospective investors an opportunity to make a fair and informed judgment about the quality of the offered securities. That process typically has two components: