Securities Exchange Act
/ˈsɛkjʊərɪtiz ɪksˈtʃeɪndʒ ækt/
Definitions
- (n.) A federal statute enacted in 1934 regulating the trading of securities to protect investors and maintain fair, orderly markets.
The Securities Exchange Act requires companies to disclose material information to investors.
Forms
- securities exchange act
Related terms
See also
Commentary
Commonly cited as 'the 1934 Act,' it primarily governs secondary trading of securities and created the SEC to enforce its provisions.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.