Securities Exchange Act of 1934
The Securities Exchange Act of 1934 and its accompanying rules were enacted to protect investors in connection with the trading of securities already issued and outstanding.
Securities Exchange Act of 1934
The Securities Exchange Act of 1934 and its accompanying rules were enacted to protect investors in connection with the trading of securities already issued and outstanding.
Additional Information
The most important components of the Act are Section 10(b) and Securities and Exchange Commission Rule 10b-5, which prohibits manipulative or deceptive acts in connection with the purchase or sale of a security. Corporate directors and officers are frequently the targets of lawsuits brought under these antifraud provisions.
