Securities Exchange Act Of 1934
The Securities Exchange Act of 1934 was created to provide governance of securities transactions on the secondary market (after issue) and regulate the exchanges and broker-dealers in order to protect the investing public. Investopedia Says:
All companies listed on stock exchanges must follow the requirements set forth in the Securities Exchange Act of 1934. Primary requirements include registration of any securities listed on stock exchanges, disclosure, proxy solicitations and margin and audit requirements.
From this act the Securities Exchange Commission (SEC) was created. The SEC's responsibility is to enforce securities laws. Related Terms:
Antitrust
Broker-Dealer
Glass-Steagall Act
Proxy
Registration
SEC Fee
Securities Act Of 1933
Securities and Exchange Commission - SEC
Suspended Trading
Uptick Rule |