Objective of Securities Exchange Act of 1934 is to prevent fraud in the secondary securities market

Claim

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Objective of Securities Exchange Act of 1934 is to prevent fraud in the secondary securities market

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Quotes that support the claim

The SEA has two primary goals. It is intended to prevent fraud in the securities market and to create more transparency in companies' financial disclosures so that investors have the information they need to make informed decisions.

The Securities Exchange Act of 1933 regulates newly issued securities, such as those being sold through an initial public offering. The Securities Exchange Act of 1934 regulates securities that are already being actively traded on the secondary market.

Sources

What Is the Securities Exchange Act of 1934? Reach and History

Supporting arguments

Securities Exchange Act of 1934 impose requirements to securities in the secondary market

Topics

Objectives of Securities Exchange Act of 1934

Referenced by

Objectives of Securities Exchange Act of 1934

Crypto

What Is the Securities Exchange Act of 1934? Reach and History

Crypto

The SEA has two primary goals. It is intended to prevent fraud in the securities market and to create more transparency in companies' financial disclosures so that investors have the information they need to make informed decisions.

Crypto