International Encyclopedia of Comparative Law Online

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V. Regulated Transactions
(10,938 words)

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 marketPublic 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:


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Detlev F. Vagts, “V. Regulated Transactions”, in: International Encyclopedia of Comparative Law Online, Edited by: U. Drobnig, R. David, H. H. Egawa, R. Graveson, V. Knapp, A. T. Von Mehren, Y. Noda, S. Rozmaryn, V. M. Tschchikvadze, H. Valladão, H. Yntema, K. Zweigert. Consulted online on 20 November 2019 <>
First published online: 2018

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