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Professor Loss has long been acknowledged as having written "the authoritative treatise in this field." If for no other reasons than these, his latest book, Fundamentals of Securities Regulation, demands attention. But Professor Loss' book deserves notice on its own as a valuable contribution to legal scholarship. It is the most important example of a new genre of law books that offer law students and teachers an alternative to the recently criticized vehicle of traditional legal instruction- the case method.'The book is designed not only for use as a general classroom text, but also as a basic reference by the practitioner. One might expect that, just as a servant cannot serve two masters, a book as ambitious as Securities Regulation is bound to disappoint at least one of its audiences. Happily, however, the book attends to the needs of both groups.
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