I. Introduction

II. “Securities” and “Offer for Sale” under the Act … A. Security … B. Offer or Sale

III. Fraud

IV. Registration of Broker-Dealers, Investment Advisers, and Agents under the Act

V. Securities and Transactions Exempt from Registration … A. Exempt Securities … B. Exempt Transactions

VI. Registration … A. Notification … B. Qualification … C. Coordination

VII. Sanctions and Relief under the Act

VIII. Conclusion