what additional requirements were added to the securities and exchange act of 1934? course hero

by Charlene Schmeler 4 min read

What does the Securities Exchange Act of 1934 require of issuers?

*The Securities Exchange Act of 1934 mandates that public issuers file annual and quarterly reports with the SEC. A) trading on exchanges. B) trading of corporate securities. C) issuance of financial reports by corporations. D) issuance of corporate securities. D) issuance of corporate securities.

What does the Securities Act of 1933 regulate?

D. I, II, III, IV The Securities Act of 1933 regulates the new issue (primary) market. The Securities Exchange Act of 1934 regulates the secondary market (the trading market).

What are the general provisions of the Securities Exchange Act?

The general provisions of the Securities Exchange Act of 1934 apply to non-exempt securities only. For example, holders of municipal bonds (an exempt security) cannot be considered to be "insiders" while a holder of corporate stock (a non-exempt security) can be an "insider."

What is a sip under the Securities Exchange Act of 1934?

The Securities Exchange Act of 1934 granted the SEC the authority to register a number of participants in the securities markets. One of those entities is a securities information processor (SIP). Which of the following statements best describes a SIP?

What additional requirements were added to the Securities and Exchange Act of 1934?

Understanding the Securities Exchange Act of 1934 Primary requirements include registration of any securities listed on stock exchanges, disclosure, proxy solicitations, and margin and audit requirements. The purpose of these requirements is to ensure an environment of fairness and investor confidence.

What is a requirement of both the Securities Act 1933 and 1934 combined?

Issuers of securities registered under the 1933 and 1934 securities acts are required to file Form 10-Q for each of the first three quarters of the fiscal year within forty days after the end of each of the first three fiscal quarters of each year.

What did the Securities and Exchange Act of 1934 do?

AN ACT To provide for the regulation of securities exchanges and of over-the- counter markets operating in interstate and foreign commerce and through the mails, to prevent inequitable and unfair practices on such exchanges and markets, and for other purposes.

What is the purpose of the Securities Exchange Act of 1934 quizlet?

The Securities Exchange Act of 1934 governs the rules for agents, broker dealers and securities that trade on the secondary markets. In an attempt to provide a fair and orderly market for investors, the Act also determines the laws that regulate the exchanges and their participating broker-dealers.

Which of the following are covered under the Securities Exchange Act of 1934?

The Securities Exchange Act of 1934 does regulate trading of all non-exempt securities, including common stocks, preferred stocks, corporate bonds, options on securities, etc. The general provisions of the Securities Exchange Act of 1934 apply to non-exempt securities only.

What does the Securities Exchange Act require?

The Securities Exchange Act requires disclosure of important information by anyone seeking to acquire more than 5 percent of a company's securities by direct purchase or tender offer. Such an offer often is extended in an effort to gain control of the company. If a party makes a tender offer, the Williams Act governs.

What is the Securities Act of 1933 and 1934?

The 1933 Act controls the registration of securities with SEC and national stock markets, and the 1934 Act controls trading of those securities.

What was the purpose of the Securities Act of 1933?

The Securities Act serves the dual purpose of ensuring that issuers selling securities to the public disclose material information, and that any securities transactions are not based on fraudulent information or practices.

What is the major difference between the Securities Act of 1933 and 1934?

What is the difference between the 1933 Securities Act and the 1934 Securities Act? The key difference is that the SEC Act of 1933 focuses on guidance for newly issued securities while the SEC Act of 1934 provides guidance for actively traded securities.

Which of the following issues must report to the SEC under the Securities Exchange Act of 1934?

Which of the following issuers must report to the SEC under the Securities Exchange Act of 1934? The best answer is A. Only corporations and investment companies (which are either corporations or trusts) file annual and semi-annual reports with the SEC.

Which of the following are regulated under the Securities Exchange Act of 1934 broker/dealers investment Advisers pension plans transfer agents?

The Securities Exchange Act of 1934 regulates broker-dealers and transfer agents. Investment advisers are regulated under the Investment Advisers Act of 1940 (and, to a certain extent, the Investment Company Act of 1940), whereas pension plans in the private sector are regulated under ERISA.

Which of the following is regulated by the Securities Act of 1933 quizlet?

The Securities Act of 1933 regulates the issuance of new, nonexempt securities. Which of the following regarding the SEC under the Securities Exchange Act of 1934 are TRUE? It regulates the securities exchanges. It requires the registration of broker/dealers.

What is the Securities Exchange Act of 1934?

The Securities Exchange Act of 1934 specifically bars the use of credit to purchase new issues and also prohibits installment payments when making such purchases. The act also prohibits any form of manipulation of securities prices or any practices that would influence the market price of a security.

Which act gave the SEC the authority to regulate margin requirements?

The Securities Exchange Act of 1934 granted the Board of Governors of the Federal Reserve System the power to regulate margin requirements. The Securities Exchange Act of 1934 granted the SEC the authority to register a number of participants in the securities markets. One of those entities is a securities information processor (SIP).

What is excessive trading?

excessively trading securities in the account of a client. primarily for the purpose of generating commissions for the agent. Churning is conducting excessive transactions in a customer's account for the purpose of generating commissions and is prohibited.

What is the SEC?

Under the Securities Exchange Act of 1934, the SEC is concerned with the regulation of exchanges, registration of broker/dealers, inequitable and unfair trade practices, and regulation of OTC markets. A) order that specifies size, security, or action but leaves the choice of time and price up to the agent.

What is government securities?

The Securities Exchange Act of 1934 defines government securities as those issued or guaranteed by the U.S. government or one of its agencies. Securities issued or guaranteed by a state, county, city, etc., or any agency of a nonfederal governmental unit are municipal securities.

How long can you use credit to purchase new issues?

D) The use of credit to purchase new issues is prohibited for the first 30 days. The Securities Exchange Act of 1934 specifically bars the use of credit in purchasing new issues for the first 30 days from the date of issue. In addition, it prohibits installment payments on issues that can be bought on margin.

How long does it take for a broker to register?

Under the Securities Exchange Act of 1934, registrations become effective in 45 days, unless delayed by the SEC. Under the Uniform Securities Act, it is 30 days.

Who is exempt from the Securities Exchange Act of 1934?

Only corporations and investment companies (which are either corporations or trusts) file annual (10K) and quarterly (10Q) reports with the SEC. Municipal and federal issuers are exempt from the Securities Exchange Act of 1934.

What is the Securities Act of 1933?

Tap card to see definition 👆. The best answer is D. The Securities Act of 1933 regulates the new issue (primary) market. The Securities Exchange Act of 1934 regulates the secondary market (the trading market). The trading markets consist of the first market (trading of listed securities on an exchange), second market ...

What is the SEC Act?

The best answer is D. The Uniform Securities Act is more commonly known as the "Blue Sky" state law, and is adopted "state by state.". The SEC, a Federal agency, has no jurisdiction over activities within each state and does not administrate this Act.

What is the difference between the 1934 and 1933 Acts?

The Act of 1933 regulates the primary (new issue) market; while the Act of 1934 regulates the secondary (trading market). It is also a true statement that the Act of 1934 requires the registration of broker-dealers, but this is not the primary purpose of the Act. Click again to see term 👆. Tap again to see term 👆.

Which act prohibits market manipulation?

The Securities Exchange Act of 1934 prohibits market manipulation - with one exception. Stabilization of new issues is permitted as long as the stabilizing trades (which take place in the secondary market) conform to the requirements of the 1934 Act.

When was the Securities and Exchange Commission created?

The Securities and Exchange Commission was created by the Securities Exchange Act of 1934 (which was passed in the very beginning of 1934, while the 1933 Act was passed at the very end of 1933 - so these 2 Acts were really enacted "back-to-back").

Which act does not regulate the trading of commodities?

C. Corporate Bonds. D. Corporate Stock. The best answer is A. The Securities Exchange Act of 1934 does not regulate the trading of commodities, since these are not securities, and are not regulated under the Securities Acts.

What is the difference between the Securities Act of 1933 and the Securities Exchange Act of 1934?

What is a major difference between the Securities Act of 1933 and the Securities Exchange Act of 1934? The 1933 act is a one-time disclosure law, whereas the 1934 act provides for continuous periodic disclosures by publicly held corporations. Nice work!

What is the 1934 Securities Exchange Act?

The 1934 Securities Exchange Act provides for the regulation and registration of securities exchanges, brokers, dealers, and national securities associations, such as the National Association of Securities Dealers (NASD). Click card to see definition 👆.