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Simple English definitions for legal terms

securities act

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A quick definition of securities act:

Securities Act: A law that helps protect people by controlling how companies can sell stocks and other investments. This law makes sure that companies provide important information to investors before they buy anything. It also regulates how stocks and other investments can be traded on the stock market.

A more thorough explanation:

The Securities Act is a law that protects the public by regulating the registration, offering, and trading of securities. This law is enforced by both federal and state governments.

For example, the Securities Act of 1933 requires companies to register their securities with the Securities and Exchange Commission (SEC) before they can be sold to the public. This helps ensure that investors have access to important information about the securities they are buying.

Another example is the Securities Exchange Act of 1934, which regulates the trading of securities on national exchanges. This law requires companies to disclose important financial information to the public, such as quarterly and annual reports.

Blue-sky laws are state-level securities laws that are designed to protect investors from fraudulent or risky investments. These laws vary by state, but they generally require companies to register their securities with state regulators and provide investors with important information about the investment.

Overall, the Securities Act is an important tool for protecting investors and ensuring that the securities markets operate fairly and transparently.

securitate pacis | Securities and Exchange Commission

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sold ty i was thinking of reading more fantasy today while driving to work
i, shamelessly, was a very big fan of pretty much everything Sarah J. Maas for years and years, but that was so polluted by booktok that it makes me cringe. very fun read for young me tho
Mostlylegal
15:45
notre dame straightup a figment of my imagination
me w luc
eggan
15:47
i waited berk for 5 months and then WL :(
eggan
15:47
im stil salty
Mostlylegal
15:48
ugh
Mostlylegal
15:48
im on three months rn
im on four
Mostlylegal
15:49
i think i will never hear back from vandy atp
and i have a seat deposit due on the 7th
Mostlylegal
15:49
that or a WL augst 28th
hobbies: gossiping w my gbf, coffee, & being a brat lol
Mostlylegal
15:50
drinking coffee is a hobby?
you could totally spin coffee drinking into a hobby. i know there are straightup barista competitions
globalcitizen
15:52
libtards should relax about the teslas, its a pretty good car if you live in the city
globalcitizen
15:53
the cybertruck looks kinda cool
apropos of nothing
almost fo pm
15:57
hi froggy whats it like being a scientist
shitty. that's why i applied to law school lol
15:57
hell yea lol
neuroscience phd is lit tho
seriously though, real bad time to be a scientist in america. or someone who wants to be one
at least the phd was "free" if you count getting paid $35k/year + free tuition to work 60–80h a wk
Wtf is happening
Where is gulc WL
@FroggyBrightToucan: how long did ur phd take
covid shut down our lab for a year so 7 years
science is a cult. but law might be too...not sure what I might be getting myself into but my cousin (lawyer in Miami) says I "will never think the same way again" and I think that's a good thing
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