’34 Act
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The ’34 Act is a foundational U.S. federal securities law that regulates secondary trading of securities, mandates ongoing disclosure by public companies, and established the Securities and Exchange Commission (SEC).
Aliases (1)
- '34 Act ×48
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
United States federal statute
→
securities law → |
| abbreviation |
Exchange Act
→
|
| aimsTo |
maintain fair and orderly markets
→
promote market transparency → protect investors → |
| appliesTo |
issuers meeting certain asset and shareholder thresholds
→
issuers with securities registered on national securities exchanges → |
| authorizes |
SEC enforcement actions
→
SEC rulemaking → civil liability for securities fraud → |
| citation |
15 U.S.C. § 78a et seq.
→
|
| complements |
Securities Act of 1933
→
|
| containsRule |
Rule 10b-5
→
|
| containsSection |
Section 10(b)
→
Section 13(a) → Section 13(d) → Section 14(a) → Section 16 → Section 21D → |
| country |
United States
→
|
| empowers |
Securities and Exchange Commission
→
|
| enactedBy |
United States Congress
→
|
| establishedAgency |
Securities and Exchange Commission
→
|
| focus |
post-issuance trading of securities
→
|
| fullName |
Securities Exchange Act of 1934
→
|
| governs |
broker-dealers
→
clearing agencies → national securities exchanges → securities associations → transfer agents → |
| jurisdiction |
federal law of the United States
→
|
| language |
English
→
|
| partOf |
New Deal financial reforms
→
|
| primaryPurpose |
mandate ongoing disclosure by public companies
→
prevent fraud and manipulation in securities markets → regulate secondary trading of securities → |
| regulates |
secondary trading of bonds
→
secondary trading of other securities → secondary trading of stocks → |
| requires |
Form 10-K annual reports
→
Form 10-Q quarterly reports → Form 8-K current reports → insider trading disclosures → periodic reporting by public companies → proxy statement disclosures → |
| signedBy |
Franklin D. Roosevelt
→
|
| yearEnacted |
1934
→
|
Referenced by (1)
| Subject (surface form when different) | Predicate |
|---|---|
|
U.S. Securities Exchange Act of 1934
→
|
shortName |