§15.1 - Introduction
| Jurisdiction | Washington |
§15.1 INTRODUCTION
Federal and state securities laws are simultaneously breathtaking in scope and meticulous in detail. Asked to summarize the clockwork universe of securities laws, a securities practitioner may use such words as "elegant," "artful," and "beautiful." That same practitioner, however, knows well that clients (and colleagues practicing in other disciplines) might describe this same universe as "frustrating," "inefficient," and "byzantine." To be sure, these laws impose significant...
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