U.S. Securities Exchange Act of 1934

E3773

The U.S. Securities Exchange Act of 1934 is a landmark federal law that created the Securities and Exchange Commission (SEC) and established comprehensive regulation of secondary trading of securities in the United States to restore investor confidence and prevent market abuses.

All labels observed (8)

How this entity was disambiguated

Statements (63)

Predicate Object
instanceOf United States federal statute
financial regulation law
securities law
amendedBy Dodd–Frank Wall Street Reform and Consumer Protection Act
Sarbanes–Oxley Act of 2002
authorizes SEC to bring civil enforcement actions
SEC to conduct investigations
SEC to promulgate rules and regulations
category U.S. securities regulation
citation 15 U.S.C. § 78a et seq.
containsSection Section 10(b)
Section 12
Section 13
Section 14
Section 15
Section 16
Section 21
country United States of America
surface form: United States
createdAgency Securities and Exchange Commission
surface form: U.S. Securities and Exchange Commission
dateEnacted June 6, 1934
empowers U.S. Securities and Exchange Commission to enforce federal securities laws
enactedBy United States Congress
establishes anti-fraud provisions
disclosure obligations for issuers with publicly traded securities
insider trading prohibitions
periodic reporting requirements for public companies
proxy solicitation rules
registration requirements for broker-dealers
registration requirements for national securities exchanges
tender offer regulations
focus regulation of secondary markets rather than primary offerings
governs corporate governance aspects related to shareholder voting and proxies
historicalContext New Deal legislation
impact foundation of modern U.S. securities market regulation
jurisdiction United States government
surface form: federal government of the United States
keyProvision Rule 10b-5
Section 13(d)
Section 14(a)
Section 16(b)
language English
prohibits manipulative and deceptive devices in connection with the purchase or sale of securities
trading on the basis of material nonpublic information
publicLawNumber Public Law 73-291
purpose prevent market manipulation and abuses
regulate secondary trading of securities
restore investor confidence after the 1929 stock market crash
regulates broker-dealers
clearing agencies
national securities exchanges
over-the-counter securities markets
secondary trading of bonds
secondary trading of other securities
secondary trading of stocks
securities associations
transfer agents
relatedTo U.S. Securities Act of 1933
requires public companies to file annual reports on Form 10-K
public companies to file current reports on Form 8-K
public companies to file quarterly reports on Form 10-Q
shortName U.S. Securities Exchange Act of 1934 self-linksurface differs
surface form: Exchange Act

’34 Act
signedBy President Franklin D. Roosevelt
surface form: Franklin D. Roosevelt
yearEnacted 1934

How these facts were elicited

Referenced by (56)

Full triples — surface form annotated when it differs from this entity's canonical label.

Financial Reporting and Audit Group legalAuthorityUnder U.S. Securities Exchange Act of 1934
this entity surface form: Securities Exchange Act of 1934
United States federal securities laws includes U.S. Securities Exchange Act of 1934
this entity surface form: Securities Exchange Act of 1934
Securities Acts Amendments of 1968 buildsOn U.S. Securities Exchange Act of 1934
this entity surface form: Securities Exchange Act of 1934
NSMIA amends U.S. Securities Exchange Act of 1934
this entity surface form: Securities Exchange Act of 1934
United States financial system subjectTo U.S. Securities Exchange Act of 1934
this entity surface form: Securities Exchange Act of 1934
Form 8-K legalBasis U.S. Securities Exchange Act of 1934
this entity surface form: Securities Exchange Act of 1934