Law of the Capital Market - Q4 - Kapitalmarktrecht - Q4
Course Content
The course concerns German and European securities law. It focuses mainly on the regulation of the various market participants (issuers; investors; intermediaries), trading venues (esp. stock exchanges, multilateral trading systems) and services (including IPOs, securities trading, custody). Market abuse law (insider trading, market manipulation), including ad hoc publicity and so-called managers' transactions, is also of major importance. In addition, the competences of the national and European supervisory authorities are dealt with.
Intended Learning Outcomes and Competencies
Upon successful completion of this subject, students should be able to:
1Identify and describe the distinctive aspects of capital markets law in the European Union
2Identify the requirements of European capital markets law and apply to a fact situation relevant applicable principles
3Identify, locate and distinguish the various sources of capital market laws in the European Union, as well as relevant national legal principles
4Communicate the results of legal research and analysis at a high level and in an appropriate style
The principal learning outcomes of this course are:
•to provide students with a broad and critical understanding of the key issues and concepts in the Law of the Capital Market;
•to allow students to develop an understanding of the application of Capital Markets Law in a practical context;
•to allow students to develop an understanding of current trends and themes governing public equity markets in the European Union.
Form of Examination
| Form of Assessment | Weighting (in %) |
Duration of written exam in minutes |
| Written Exam | ||
| Oral Examination | - | |
| Written Work (Individual) | - | |
| Written Work (Group) | - | |
| Presentation (Individual) | - | |
| Presentation (Group) | - | |
| Business Simulation | - | |
| Class Participation | - | |
| Answer-Choice-Exam | - | |
| Other assessment format (please specify): | - |
Literature
Buck-Heeb, Kapitalmarktrecht, 10. Aufl. 2019;
Grunewald/Schlitt, Einführung in das Kapitalmarktrecht, 4. Aufl. 2020;
Poelzig, Kapitalmarktrecht, 2018;
Gesetzestexte zum BörsG, WpPG, WpHG und der einschlägigen Ausführungsverordnungen, z.B.: Beck-Texte im dtv, Kapitalmarktrecht, 7. Aufl. 2020, Beck-Verlag.
Next events
No current events available!
| 1/6 | Lecture | Tu, 24.03.2026 | 15:30 Uhr | 18:45 Uhr | D-101 Hörsaal / Lecture Hall |
| 2/6 | Lecture | We, 25.03.2026 | 08:00 Uhr | 11:15 Uhr | D-001 Hörsaal / Lecture Hall |
| 3/6 | Lecture | Th, 26.03.2026 | 08:00 Uhr | 11:15 Uhr | D-101 Hörsaal / Lecture Hall |
| 4/6 | Lecture | Mo, 30.03.2026 | 08:00 Uhr | 11:15 Uhr | Online / Online |
| 5/6 | Lecture | We, 01.04.2026 | 08:00 Uhr | 11:15 Uhr | Online / Online |
| 6/6 | Lecture | Th, 02.04.2026 | 08:00 Uhr | 11:15 Uhr | D-001 Hörsaal / Lecture Hall |
Lecturers
Indicative Student Workload
| Self-Study | 64 h |
| Contact Time | 24 h |
| Examination | 2 h |