The book is a comprehensive exposition of the law and regulation of public offering of corporate securities. It explains an otherwise elaborate and complex set of laws in a simple and articulate manner, with an emphasis on the concepts and principles that are its foundations and building blocks. The book is not a static commentary on the statutory provisions, rules, and regulations governing public offering of corporate securities. Written in a linear fashion, it begins with the basic concepts, then each subsequent topic, section, and chapter logically builds on the earlier analysis, leading to a coherent study. However, the sections and chapters can also be read independently by those who may wish to refer to a specific topic.