This monograph by the Federal Judicial Center provides an introduction to & overview of the complexities of litigation involving the federal securities laws, with an emphasis on the issues that are most likely to arise in litigation: basic registration, disclosure, & antifraud provisions. Chapters: Introduction: The Federal Securities Laws, the Securities & Exchange Commission (SEC), Sources of Litigation, Self-Regulation, & Private Remedies; Scope & Reach of the Securities Laws; Regulating the Distribution of Securities -- the Securities Act of 1933; Regulating Issuers, Securities Professionals, & the Securities Markets -- The Securities Exchange Act of 1934; Appendix: Statutory Conversion Charts; For Further Reference; & Table of Cases.