Regulation of Capital Raising (CLAW3204)


The ability of companies to raise capital is central to the success of Australia's securities markets and, in turn, to Australia's ongoing economic development. This unit focuses on the legal nature of common forms of capital raising, and their legal (through the Corporations Act) and non-legal (through the ASX Listing Rules) regulation, as well as the redemption of capital. It involves a study of capital raising, capital management and capital redemption from a practical, commercial perspective as well as the relevant legal and regulatory issues. Topics covered include forms of equity capital raising (including venture capital, IPOs, ASX listings, rights issues and placements) and their regulation; and strategies for redemption of capital (including through buy-backs and capital reductions). Current issues arising in Australian and internationally which concern trends, developments and reform initiatives relating to capital raising are also addressed.

Further unit of study information


Three hours of classes per week which may include one or more of the following: lectures; seminars; tutorials or workshops


Assignment (20%), presentation (20%), seminar work and participation (10%), and final exam (50%)

Faculty/department permission required?


Unit of study rules



Study this unit outside a degree

Non-award/non-degree study

If you wish to undertake one or more units of study (subjects) for your own interest but not towards a degree, you may enrol in single units as a non-award student.

Cross-institutional study

If you are from another Australian tertiary institution you may be permitted to underake cross-institutional study in one or more units of study at the University of Sydney.