Canadian securities law comprises a unique mix of enduring basic principles and constantly-changing technical details. This new book, by Jeffrey MacIntosh and Christopher Nicholls, provides a solid introduction to both. The book includes a survey of all of the "usual" securities law topics—including basic definitions, the public and exempt markets for securities, insider trading, continuous disclosure, and take-over and issuer bids. But the discussion of these and other specific topics is interwoven with a careful consideration of larger public policy issues. The authors thus help guide the reader through the complex labyrinth of modern securities regulation by constantly highlighting the unifying thread of fundamental principles.

Jeffrey MacIntosh is a professor of law at the University of Toronto where he specializes in Corporation Law, Corporate Finance, Securities Regulation, Law and Economics, and Small Firm Financing. He holds a B.Sc. from M.I.T., an LL.B. from the University of Toronto, and an LL.M. from Harvard University. His publications have been principally concerned with corporation law, securities regulation, and small firm financing. Professor MacIntosh served as an assistant professor at Osgoode Hall Law School in 1982–83 and was appointed a John M. Olin Fellow at Yale Law School in 1988–89.

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Christopher C. Nicholls is a law professor at Dalhousie University. He holds an LL.B. and LL.M. from Osgoode Hall Law School and an MPA from Harvard. Prior to joining the faculty at Dalhousie, Professor Nicholls practised corporate law in Toronto and in Hamilton, Bermuda. He also taught Corporate Finance and Securities Regulation at Osgoode Hall Law School and Business Law at the Bar Admission Course for the Law Society of Upper Canada. His teaching and research interests include business associations, commercial law, international trade, financial institution reform, corporate finance, and corporate governance.

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