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 ?
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.
Except as otherwise provided in this section, a member bank whose securities are subject to registration pursuant to section 12(b) or section 12(g) of the Securities Exchange Act of 1934 (the 1934 Act) (15 U.
This release contains forward-looking information 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, including without limitation performance and financial targets for 2005.
alleges violations by both Exide and Deutsche Bank Securities of the Securities Exchange Act of 1934, common law fraud, negligent misrepresentation, breach of fiduciary duty, negligence and unjust enrichment associated with the sale by Exide of $290 million principal amount of 10.
The complaints were originally filed in August 2004 and alleged violation of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10(b)(5).
This news release may contain forward-looking statements within the meaning of section 21E of the Securities Exchange Act of 1934, as amended, that reflect Ligand's judgment and involve risks and uncertainties as of the date of this release.
This press release is for information only and is designed to conform to rule 17B under the Securities Exchange Act of 1933 and rule 3b-6 under the Securities Exchange Act of 1934.
The program will be implemented in accordance with Rule 10b-18 under the Securities Exchange Act of 1934 and may continue for a period not to exceed the next 18 months.
The Amendment sets forth certain conditions under which the Trust may remain outstanding following the termination of reporting obligations under the Securities Exchange Act of 1934 of Sears Roebuck Acceptance Corp.
The Company, without admitting or denying any wrongdoing, offered to consent to the entry of an order with respect to violations of Sections 13(a) and 13(b)(2)(A)-(B) of the Securities Exchange Act of 1934, as amended, and Rules 12b-20, 13a-1, 13a-11 and 13a-13 promulgated thereunder.
OTCBB:LWSL) announced today that it had filed a Form 15 with the Securities and Exchange Commission giving notice of the suspension of its duty to file reports under Sections 13 and 15(d) of the Securities Exchange Act of 1934.

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