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 ?
While the 33 Act governs the issuance of securities by companies, the 34 Act governs the trading, purchase, and sale of those securities.
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.
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.
YESTERDAY'S SOLUTIONS WEE THINKER ACROSS: 7 Oppress 9 Ennui 10 Laser 11 Breathe 12 Cod 13 Overturn 16 Achiever 17 Van 19 Intense 21 Forgo 22 Rumba 23 Trainee DOWN: 1 Collect 2 Episodic 3 Peer 4 Deserter 5 Knot 6 Rides 8 Subservient 13 Oriental 14 Reverent 15 Incomer 18 Litre 20 Tomb 21 Feat QUICKIE ACROSS: 1 Smouldering 8 Coo 9 Ear 11 As a rule 12 Blame 13 Ton 14 Rev 15 Cuisine 17 Rub 19 Rise 21 Rely 23 Clan 25 Quay 27 Kid 29 En route 31 Off 34 Art 36 Torso 37 Apricot 38 Ale 39 Two 40 Defenceless DOWN: 1 So-so 2 Moan 3 Unusual 4 Dressy 5 Robin 6 Near 7 Game 8 Cater 10 Revue 16 Era 18 Bra 20 Ink 22 Eye 24 Literal 25 Quota 26 Mosaic 28 Ditto 30 Noose 32 Fold 33 Free 34 Acts 35 Rows
Across an afternoon and an evening, 34 acts appeared at six venues offering a range of musical delights.
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.
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.