Securities Exchange Act of 1934

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Securities Exchange Act of 1934

Legislation that created the SEC, outlawing dishonest practices in the trading of securities.

Securities Exchange Act of 1934

Legislation in the United States that regulated broker-dealers and secondary trades on American stock exchanges. This Act also created the Securities and Exchange Commission to help it accomplish its goals. The act prohibited certain trades that would unfairly or dangerously manipulate prices. For example, the Act forbids churning, in which an investor makes both buy and sell orders through different brokers to create the impression of increased interest in the security and to raise the price. It was one of the most important regulatory laws that came out of the New Deal.

Securities Exchange Act of 1934

Landmark legislation that established the SEC and that gives it authority over proxy solicitation and registration of organized exchanges. In addition, the Act sets disclosure requirements for securities in the secondary market, regulates insider trading, and gives the Federal Reserve authority over credit purchases of securities. When established, the Act reflected an effort to extend and overcome shortcomings of the Securities Act of 1933. These two pieces of legislation are the basis of securities regulation in the twentieth century. See also Foreign Corrupt Practices Act, Williams Act.
References in periodicals archive ?
Super 12: Wellington: Wellington Hurricanes 34 ACT Brumbies 19.
Investors and stockholders are urged to read Brisam's 34 Act reports and Form 8-Ks as they become available.
In only three short months, Brisam was able to file eighteen 34 Act reports and now only needs to file its Form 10-QSBs for the periods ended June 30th and September 30th, 2007 to be in compliance with its SEC filing requirements.
On or about the date of the filing of the 34 Act Filings, the Company intends to file a Form S-1 registration statement registering the common shares it issued in a private placement completed in July 2005.
The filing of Form 15 under the Securities and Exchange Act of 1934 (the 34 Act), thereby relieving the Company of the costly filing of 34 Act reports and Sarbanes Oxley compliance.
Syndication Capital LLC is developing offering documents pursuant to SEC rule "506" of the 34 act for the subject five well development program of the Peach Creek West Prospect, according to the required forty-acre spacing.
The extra precautions are being made to help ensure a smooth spin-off and registration of its wholly owned subsidiary Yard Sale Drop Off(TM) ("YSDO"), a trading assistant and Power Seller with EBay (NASADQ: EBAY), and to prepare for a change in the designation of TIC from a 34 Act to 41 Act BDC.
Folk-rockers Steeleye Span, BBC Radio 2 Folk Awards winners the Tweed Project and dance and folk outfit The Demon Barbers XL, who have also won a Folk Award, were just some of the 34 acts that turned the village into a mini Glastonbury and even encouraged hardy folk to camp out to make the most of the festival vibe.
Currently, Route 34 acts as a barrier that cuts the Yale-New Haven Hospital complex and the city s Union Station off from the rest of downtown New Haven.
LLANTWIT MAJOR The St Donats Acoustics Festival is on today and tomorrow at St Donats Arts Centre with top quality acoustic music from 34 acts.
According to Fidosova, senior State servants are using texts from 34 Acts in getting the extra money, and these texts will be amended to become effective since the start of 2012.
Among the 34 acts taking part in Let's Dance for Tilly last night were the Britain's Got Talent stars.