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U.S. SEC Law Student Observer Program and Securities Regulation Seminar

The U.S. SEC, Law Student Observer Program, is a one-semester volunteer/for-credit externship position offered to current law students selected by representatives of the SEC. The program provides exposure to the workings of the SEC and to the regulation of securities markets. Students are assigned to work with SEC staff members on a broad range of projects, including the investigation of industry and issuer practices, litigation of civil enforcement actions, and the drafting of proposed statutes and rules. In addition to working 40-hour weeks, students attend a weekly securities regulation seminar that includes lectures by SEC Commissioners and senior staff, and prominent members of the private bar. The topics for discussion at this seminar are chosen to complement the materials covered in basic securities regulation courses offered at the participating law schools.