exempt security

Exempt Securities

Securities that do not need to be registered with the SEC under the Security Act of 1933 or the Securities Exchange Act of 1934. Examples of exempt securities include small issues, agency securities, most other debt instruments issued by the federal or a local government, and issues made only in a single state. Private placements are also usually exempt from registration.

exempt security

A security that is exempt from registration under the Security Act of 1933 or from margin requirements of the Securities Exchange Act of 1934. Examples of exempt securities are small issues, intrastate issues, and direct placements.
References in periodicals archive ?
That section states that the Commission [SEC] shall treat as an exempt security under Section 3(a)(8) of the 1933 act "any insurance or endowment policy or annuity contract or optional annuity contract" that isn't a variable contract and that, if issued on or after June 16, 2013, is issued by an insurer that has adopted suitability rules at least as stringent at the NAIC Suitability in Annuity Transaction Model Reg #275 of 2010 and any successor thereto.
The draft, prepared by an ad hoc committee of legal experts from the presidential council and the parliament's debaathification committee, would exempt security officials who belonged to the former regime of the Baath Party from measures to have them sacked from their current security posts," Rashid al-Azzawi, a committee member, told Aswat al-Iraq Co Voices of Iraq Co (VOI).
With today's announcement, there is no change to Fannie Mae's exempt security status, and there will be no effect on the status of Fannie Mae's securities as "government securities.