Securities Exchange Act of 1934

(redirected from Exchange Act)

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 ?
The securities laws require the Commission to make annual adjustments to the rates for fees paid under Section 6(b) of the Securities Act of 1933 and Sections 13(e) and 14(g) of the Securities Exchange Act of 1934.
The securities laws require the Commission to make annual adjustments to the rates for fees paid under Section 6(b) of the Securities Act of 1933 and Sections 13(e) and 14(g) of the Securities Exchange Act of 1934.0x20The Commission must set rates for the fees paid under Section 6(b) to levels that the Commission projects will generate collections equal to annual statutory target amounts.0x20The Commission's projections are calculated using a methodology developed in consultation with the Congressional Budget Office and the Office of Management and Budget.0x20The statutory target amount for fiscal year 2020 is $705 million.0x20The annual adjustment to the fee rate under Section 6(b) also sets the annual adjustment to the fee rates under Sections 13(e) and 14(g).
Rule 17g-5(a)(3) under the Securities Exchange Act provides for the ability of information necessary to determine a structured finance products credit rating to NRSROs that were not hired by the issuer, sponsor, or underwriter of the structured finance product.
It covers the definition of a security; the world of securities law; its business context; Securities Act registration; exemptions from the registration requirements; resales by security holders; liability for violation of the Securities Act; the Securities Exchange Act of 1934; fraud and related issues under rule 10b-5, the Sarbanes-Oxley Act, and the Stock Act; liability for trading profits; Exchange Act regulation of the securities business; and international aspects of securities law.
YogaWorks announced that the company has determined it to be in its best interests to proceed with plans to remove its common stock from listing on The NASDAQ Stock Market and will file an application on Form 25, Notification of Removal From Listing and/or Registration Under Section 12b of the Securities Exchange Act of 1934.
The units of a CIT are also exempt from registration under Section 3(a)(2) of the Securities Act of 1933 and Section 12(g)(2)(H) of the Securities Exchange Act of 1934.
To this end, Mr Matambo said there had been several legislature pieces aimed at facilitating the growth of the BSEL; Botswana Stock Exchange Act 56:08 of 1994, Collective Investment Undertaking Act 56:09 of 2001, Securities Act 2014, and the Botswana Stock Exchange Transition Act 2015.
(12) Part III examines how the exemption can be used in combination with provisions in the 1934 Securities Exchange Act ("Exchange Act") to diminish SEC oversight.
The team arrested one Muhammad Asif and registered a case against him and his accomplice Najmul Hassan under sections 4,5,8 and 23 of Foreign Exchange Act 1947 and section 3/4 of Anti Money Laundering ACT 2010.
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties.
Pharmaceutical company Ember Therapeutics Inc (OTCPK:EMBT) said on Monday that it has voluntarily filed a Form 15 with the United States Securities and Exchange Commission (SEC) to voluntarily deregister its common stock and suspend its reporting obligations under the Securities Exchange Act of 1934, as amended.
Further, the SEC also cautioned the broker-dealers, shareholders, and prospective purchasers that "they should carefully consider the foregoing information along with all other currently available information and any information subsequently issued by the company." Also that they "should be alert to the fact that, pursuant to Rule 15c2-11 under the Exchange Act, at the termination of the trading suspension, no quotation may be entered unless and until they have strictly complied with all of the provisions of the rule".

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