• - knowledge and understanding: the course aims to provide students with the necessary tools to understand the principles of the legal discipline of financial markets.

• - Applying knowledge and understanding: the course aims to develop the aptitude for framing and solving the most recurring problems connected with financial markets; 

• - Making judgements: the objectives pursued are the critical knowledge of the economic function of the capital markets and the economic implications of the choices made by legal regulations 

• - Communication skills:the course aims to provide the skills of economic and legal language 

• - Learning skills:  the critical knowledge of the legal regulations to regulate financial investment transactions.

Frontal teaching 

The knowledge of the foundations of Commercial Law 

The course is organized in such a way as to favor the discussion and development of students' critical skills. Attendance of the lessons is strongly recommended in order to allow the full achievement of the educational objectives

The lessons will focuse on the analysis of the discipline of financial intermediaries, issuers and markets. More specifically, the program includes the following themes:
- Financial market instruments, the issue and centralized and dematerialized management of financial instruments.
- Services and investment firms. Institutional investors and collective investment schemes.
- Controls on the securities market and the supervisory and control authorities.
- Trading systems. The listing procedure on regulated markets. Stock exchange contracts and trading procedures.
- The appeal to public savings
- Corporate information and the regulation of market abuse.
- The regulation of listed companies with listed shares. Ownership structures: the regulation of significant shareholdings and reciprocal shareholdings; the shareholders' agreements.
- The protection of minorities. The discipline of the assembly and voting proxies. Liability action of minorities, powers of denunciation and right of withdrawal.
- Administration in listed companies and the control system. The listed company in the group: control, information, intra-group transactions and transactions with related parties.

Manuale di diritto commerciale a cura di M.Cian, 2023, V ed. 
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§71
§72
§73
§ 74
§ 75 (da pag. 720 a 729)

§76
§ 77 (da pag. 743 a 751)

Manuale di diritto commerciale a cura di M. Cian, volume IV, Diritto del sistema finanziario, 2020, I ed. 

§1

§2
§3

§4

The final test consist of  an oral exam aimed at verifying the knowledge of the topics and the ability to critically analyze the contents of the subject.

listed company and his operation 

the control authorities