Securities_Exchange_Act_of_1934 | TriviaQuestions.online

⭐ Core Definition: Securities Exchange Act of 1934

The Securities Exchange Act of 1934 (also called the Exchange Act, '34 Act, or 1934 Act) (Pub. L. 73–291, 48 Stat. 881, enacted June 6, 1934, codified at 15 U.S.C. § 78a et seq.) is a law governing the secondary trading of securities (stocks, bonds, and debentures) in the United States of America. A landmark piece of wide-ranging legislation, the Act of '34 and related statutes form the basis of regulation of the financial markets and their participants in the United States. The 1934 Act also established the Securities and Exchange Commission (SEC), the agency primarily responsible for enforcement of United States federal securities law.

Companies raise billions of dollars by issuing securities in what is known as the primary market. Contrasted with the Securities Act of 1933, which regulates these original issues, the Securities Exchange Act of 1934 regulates the secondary trading of those securities between persons often unrelated to the issuer, frequently through brokers or dealers. Trillions of dollars are made and lost each year through trading in the secondary market.

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👉 Securities Exchange Act of 1934 in the context of Presidency of Franklin D. Roosevelt (1933–1941)

The first term of the presidency of Franklin D. Roosevelt began on March 4, 1933, when he was inaugurated as the 32nd president of the United States, and the second term of his presidency ended on January 20, 1941, with his inauguration to a third term. Roosevelt, the Democratic governor of New York, took office after defeating incumbent president Herbert Hoover, his Republican opponent in the 1932 presidential election. Roosevelt led the implementation of the New Deal, a series of programs designed to provide relief, recovery, and reform to Americans and the American economy during the Great Depression. He also presided over a realignment that made his New Deal Coalition of labor unions, big city machines, white ethnics, African Americans, and rural white Southerners dominant in national politics until the 1960s and defined modern American liberalism.

During his first hundred days in office, Roosevelt spearheaded unprecedented major legislation and issued a profusion of executive orders. The Emergency Banking Act helped put an end to a run on banks, while the 1933 Banking Act and the Securities Exchange Act of 1934 provided major reforms in the financial sector. To provide relief to unemployed workers, Roosevelt presided over the establishment of several agencies, including the Civilian Conservation Corps, the Public Works Administration, and the Federal Emergency Relief Administration. The Roosevelt administration established the Agricultural Adjustment Administration to implement new policies designed to prevent agricultural overproduction. It also established several agencies, most notably the National Recovery Administration, to reform the industrial sector, though it lasted only two years.

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⭐ Core Definition: Securities Exchange Act of 1934
👉 Securities Exchange Act of 1934 in the context of Presidency of Franklin D. Roosevelt (1933–1941)
Securities Exchange Act of 1934 in the context of U.S. Securities and Exchange Commission
Securities Exchange Act of 1934 in the context of Market manipulation
Securities Exchange Act of 1934 in the context of Title 15 of the United States Code
Securities Exchange Act of 1934 in the context of Investment Company Act of 1940

Securities Exchange Act of 1934 in the context of U.S. Securities and Exchange Commission

The United States Securities and Exchange Commission (SEC) is an independent agency of the United States federal government, created in the aftermath of the Wall Street crash of 1929. Its primary purpose is to enforce laws against market manipulation.

Created by Section 4 of the Securities Exchange Act of 1934 (now codified as 15 U.S.C. § 78d and commonly referred to as the Exchange Act or the 1934 Act), the SEC enforces the Securities Act of 1933, the Trust Indenture Act of 1939, the Investment Company Act of 1940, the Investment Advisers Act of 1940, and the Sarbanes–Oxley Act of 2002, among other statutes.

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Securities Exchange Act of 1934 in the context of Market manipulation

In economics and finance, market manipulation occurs when someone intentionally alters the supply or demand of a security to influence its price. This can involve spreading misleading information, executing misleading trades, or manipulating quotes and prices.

Market manipulation is prohibited in most countries, in particular, it is prohibited in the United States under Section 9(a)(2) of the Securities Exchange Act of 1934, in the European Union under Article 12 of the Market Abuse Regulation, in Australia under Section 1041A of the Corporations Act 2001, and in Israel under Section 54(a) of the securities act of 1968. In the US, market manipulation is also prohibited for wholesale electricity markets under Section 222 of the Federal Power Act and wholesale natural gas markets under Section 4A of the Natural Gas Act.

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Securities Exchange Act of 1934 in the context of Title 15 of the United States Code

Title 15 of the United States Code outlines the role of commerce and trade in the United States Code.Notable legislation in the title includes the Federal Trade Commission Act, the Clayton Antitrust Act, the Sherman Antitrust Act, the Securities Exchange Act of 1934, the Consumer Product Safety Act, and the CAN-SPAM Act of 2003.

15 U.S.C. ch. 1—Monopolies and Combinations in Restraint of Trade; 15 U.S. Code § 13a is the Robinson Patman Act
15 U.S.C. ch. 2—Federal Trade Commission; Promotion Of Export Trade And Prevention Of Unfair Methods uk Competition
15 U.S.C. ch. 2A—Securities Act, Trust Indentures Act
15 U.S.C. ch. 2B—Securities Exchanges
15 U.S.C. ch. 2B-1—Securities Investor Protection
15 U.S.C. ch. 2C—Public Utility Holding Companies
15 U.S.C. ch. 2D—Investment Company Act, Investment Advisers Act
15 U.S.C. ch. 2E—Omnibus Small Business Capital Formation
15 U.S.C. ch. 3—Trade-Marks
15 U.S.C. ch. 4—China Trade
15 U.S.C. ch. 5—Statistical and Commercial Information
15 U.S.C. ch. 6—Weights and Measures and Standard Time
- Subchapter I—Weights, Measures, and Standards Generally
- Subchapter II—Metric Conversion
- Subchapter III—Standard Gauge for Iron and Steel
- Subchapter IV—Screw Threads
- Subchapter V—Standard of Electricity
- Subchapter VI—Standard Barrels
- Subchapter VII—Standard Baskets and Containers
- Subchapter VIII—Standard Hampers, Round Stave Baskets, and Splint Baskets for Fruits and Vegetables
- Subchapter IX—Standard Time
15 U.S.C. ch. 7—National Institute of Standards and Technology
15 U.S.C. ch. 7A—Standard Reference Data Program
15 U.S.C. ch. 8—Falsely Stamped Gold or Silver or Goods Manufactured Therefrom
15 U.S.C. ch. 9—National Weather Service
15 U.S.C. ch. 9A—Weather Modification Activities Or Attempts; Reporting Requirement
15 U.S.C. ch. 10—War Finance Corporation
15 U.S.C. ch. 10A—Collection of State Cigarette Taxes
15 U.S.C. ch. 10B—State Taxation of Income from Interstate Commerce
15 U.S.C. ch. 11—Caustic Poisons (repealed)
15 U.S.C. ch. 12—Discrimination Against Farmers Cooperative Associations by Boards Of Trade
15 U.S.C. ch. 13—Textile Foundation
15 U.S.C. ch. 13A—Fishing Industry
15 U.S.C. ch. 14—Reconstruction Finance Corporation
15 U.S.C. ch. 14A—Aid to Small Business
15 U.S.C. ch. 14B—Small Business Investment Program
15 U.S.C. ch. 15—Economic Recovery
15 U.S.C. ch. 15A—Interstate Transportation Of Petroleum Products
15 U.S.C. ch. 15B—Natural Gas
15 U.S.C. ch. 15C—Alaska Natural Gas Transportation
15 U.S.C. ch. 16—Emergency Relief
15 U.S.C. ch. 16A—Emergency Petroleum Allocation
15 U.S.C. ch. 16B—Federal Energy Administration
15 U.S.C. ch. 16C – Energy Supply and Environmental Coordination
15 U.S.C. ch. 17 – Production, Marketing, and Use of Bituminous Coal
15 U.S.C. ch. 18 – Transportation of Firearms
15 U.S.C. ch. 19 – Miscellaneous
15 U.S.C. ch. 20 – Regulation of Insurance, McCarran–Ferguson Act
15 U.S.C. ch. 21 – National Policy on Employment and Productivity
15 U.S.C. ch. 22 – Trademarks (Lanham Act)
15 U.S.C. ch. 23 – Dissemination of Technical, Scientific and Engineering Information
15 U.S.C. ch. 24 – Transportation of Gambling Devices
15 U.S.C. ch. 25 – Flammable Fabrics
15 U.S.C. ch. 26 – Household Refrigerators
15 U.S.C. ch. 27 – Automobile Dealer Suits Against Manufacturers
15 U.S.C. ch. 28 – Disclosure of Automobile Information
15 U.S.C. ch. 29 – Manufacture, Transportation, or Distribution of Switchblade Knives
15 U.S.C. ch. 30 – Hazardous Substances
15 U.S.C. ch. 31 – Destruction of Property Moving in Commerce
15 U.S.C. ch. 32 – Telecasting of Professional Sports Contests
15 U.S.C. ch. 33 – Brake Fluid Regulation
15 U.S.C. ch. 34 – Antitrust Civil Process
15 U.S.C. ch. 35 – Seat Belt Regulation
15 U.S.C. ch. 36 – Cigarette Labeling and Advertising
15 U.S.C. ch. 37 – State Technical Services
15 U.S.C. ch. 38 – Traffic and Motor Vehicle Safety
15 U.S.C. ch. 39 – Fair Packaging and Labeling Program
15 U.S.C. ch. 39A – Special Packaging of Household Substances for Protection of Children
15 U.S.C. ch. 40 – Department of Commerce
15 U.S.C. ch. 41 – Consumer Credit Protection
- Subchapter I — Consumer Credit Cost Disclosure
- Subchapter II — Restrictions on Garnishment
- Subchapter IIA — Credit Repair Organizations
- Subchapter III — Fair Credit Reporting Act
- Subchapter IV — Equal Credit Opportunity
- Subchapter V — Debt Collection Practices
- Subchapter VI — Electronic Funds Transfer
15 U.S.C. ch. 42—Interstate Land Sales
15 U.S.C. ch. 43—Newspaper Preservation
15 U.S.C. ch. 44—Protection of Horses
15 U.S.C. ch. 45—Emergency Loan Guarantees to Business Enterprises
15 U.S.C. ch. 45A—Chrysler Corporation Loan Guarantee
15 U.S.C. ch. 46—Motor Vehicle Information and Cost Savings
- Subchapter I: Bumper Standards
- Subchapter II: Automobile Consumer Information Study
- Subchapter III: Diagnostic Inspection Demonstration Projects
- Subchapter IV: Odometer Requirements
- Subchapter V: Improving Automotive Efficiency
- Subchapter VI: Theft Prevention
15 U.S.C. ch. 46A—Automobile Title Fraud
15 U.S.C. ch. 47—Consumer Product Safety
15 U.S.C. ch. 48—Hobby Protection
15 U.S.C. ch. 49—Fire Prevention and Control
15 U.S.C. ch. 50—Consumer Product Warranties
15 U.S.C. ch. 51—National Productivity and Quality of Working Life
15 U.S.C. ch. 52—Electric and Hybrid Vehicle Research, Development, and Demonstration
15 U.S.C. ch. 53—Toxic Substances Control
- Subchapter I—Control of Toxic Substances
- Subchapter II—Asbestos Hazard Emergency Response
- Subchapter III—Indoor Radon Abatement
- Subchapter IV—Lead Exposure Reduction
- Subchapter V—Healthy High Performance Schools
15 U.S.C. ch. 54—Automotive Propulsion Research and Development
15 U.S.C. ch. 55—Petroleum Marketing Practices
15 U.S.C. ch. 56—National Climate Program
15 U.S.C. ch. 56A—Global Change Research
15 U.S.C. ch. 57—Interstate Horseracing
15 U.S.C. ch. 58—Full Employment and Balanced Growth
15 U.S.C. ch. 59—Retail Policies for Natural Gas Utilities
15 U.S.C. ch. 60—Natural Gas Policy
15 U.S.C. ch. 61—Soft Drink Interbrand Competition
15 U.S.C. ch. 62—Condominium and Cooperative Conversion Protection and Abuse Relief
15 U.S.C. ch. 63—Technology Innovation
15 U.S.C. ch. 64—Methane Transportation Research, Development, and Demonstration
15 U.S.C. ch. 65—Liability Risk Retention
15 U.S.C. ch. 66—Promotion of Export Trade
15 U.S.C. ch. 67—Arctic Research and Policy
15 U.S.C. ch. 68—Land Remote-Sensing Commercialization
15 U.S.C. ch. 69—Cooperative Research
15 U.S.C. ch. 70—Comprehensive Smokeless Tobacco Health Education
15 U.S.C. ch. 71—Petroleum Overcharge Distribution and Restitution
15 U.S.C. ch. 72—Semiconductor Research
15 U.S.C. ch. 73—Export Enhancement
15 U.S.C. ch. 74—Competitiveness Policy Council
15 U.S.C. ch. 75—National Trade Data Bank
15 U.S.C. ch. 76—Imitation Firearms
15 U.S.C. ch. 77—Steel and Aluminum Energy Conservation and Technology Competitiveness
15 U.S.C. ch. 78—Superconductivity and Competitiveness
15 U.S.C. ch. 79—Metal Casting Competitiveness Research Program
15 U.S.C. ch. 80—Fasteners
15 U.S.C. ch. 81—High-Performance Computing
15 U.S.C. ch. 82—Land Remote Sensing Policy
15 U.S.C. ch. 83—Telephone Disclosure and Dispute Resolution
15 U.S.C. ch. 84—Commercial Space Competitiveness
15 U.S.C. ch. 85—Armored Car Industry Reciprocity
15 U.S.C. ch. 86—Children's Bicycle Helmet Safety
15 U.S.C. ch. 87—Telemarketing and Consumer Fraud and Abuse Prevention
15 U.S.C. ch. 88—International Antitrust Enforcement Assistance
15 U.S.C. ch. 89—Professional Boxing Safety
15 U.S.C. ch. 90—Propane Education and Research
15 U.S.C. ch. 91—Children's Online Privacy Protection
15 U.S.C. ch. 92—Year 2000 Computer Date Change
15 U.S.C. ch. 93—Insurance, Title III of Gramm–Leach–Bliley Activities
15 U.S.C. ch. 94—Privacy
15 U.S.C. ch. 95—Microenterprise Technical Assistance and Capacity Building Program
15 U.S.C. ch. 96—Electronic Signatures in Global and National Commerce
15 U.S.C. ch. 97—Women's Business Enterprise Development
15 U.S.C. ch. 98—Public Company Accounting Reform and Corporate Responsibility, also known as the "Sarbanes–Oxley Act"
15 U.S.C. ch. 99—National Construction Safety Team
15 U.S.C. ch. 100—Cyber Security Research and Development
15 U.S.C. ch. 101—Nanotechnology Research and Development
15 U.S.C. ch. 102—Fairness to Contact Lens Consumers
15 U.S.C. ch. 103—Controlling the Assault of Non-Solicited Pornography and Marketing
15 U.S.C. ch. 104—Sports Agent Responsibility and Trust
15 U.S.C. ch. 105—Protection of Lawful Commerce in Arms
15 U.S.C. ch. 106—Pool and Spa Safety
15 U.S.C. ch. 107—Protection of Intellectual Property Rights
15 U.S.C. ch. 108—State-Based Insurance Reform
15 U.S.C. ch. 109—Wall Street Transparency and Accountability
15 U.S.C. ch. 110—Online Shopper Protection
15 U.S.C. ch. 111—Weather Research and Forecasting Innovation
15 U.S.C. ch. 112—Sports Medicine Licensure
15 U.S.C. ch. 113—Concrete Masonry Products Research, Education, and Promotion
15 U.S.C. ch. 114—National Quantum Initiative
15 U.S.C. ch. 115—Perfluoroalkyl and Polyfluoroalkyl Substances and Emerging Contaminants
15 U.S.C. ch. 116—Coronavirus Economic Stabilization (CARES ACT)
15 U.S.C. ch. 117—Identifying Outputs of Generative Adversarial Networks
15 U.S.C. ch. 118—Sustainable Chemistry
15 U.S.C. ch. 119—National Artificial Intelligence Initiative
15 U.S.C. ch. 120—Minority Business Development
15 U.S.C. ch. 121—Flood Level Observation, Operations, and Decision Support
15 U.S.C. ch. 122—Travel and Tourism

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Securities Exchange Act of 1934 in the context of Investment Company Act of 1940

The Investment Company Act of 1940 (commonly referred to as the '40 Act) is an act of Congress which regulates investment funds. It was passed as a United States Public Law (Pub. L. 76–768) on August 22, 1940, and is codified at 15 U.S.C. §§ 80a-1–80a-64. Along with the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, and extensive rules issued by the U.S. Securities and Exchange Commission; it is central to financial regulation in the United States. It has been updated by the Dodd-Frank Act of 2010. It is the primary source of regulation for mutual funds and closed-end funds, now a multi-trillion dollar investment industry. The 1940 Act also impacts the operations of hedge funds, private equity funds and even holding companies.

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Securities Exchange Act of 1934 in the context of "Presidency of Franklin D. Roosevelt (1933–1941)"

⭐ In the context of Franklin D. Roosevelt’s presidency, the Securities Exchange Act of 1934 is considered a direct response to what preceding national crisis?

⭐ Core Definition: Securities Exchange Act of 1934

👉 Securities Exchange Act of 1934 in the context of Presidency of Franklin D. Roosevelt (1933–1941)

Securities Exchange Act of 1934 in the context of U.S. Securities and Exchange Commission

Securities Exchange Act of 1934 in the context of Market manipulation

Securities Exchange Act of 1934 in the context of Title 15 of the United States Code

Securities Exchange Act of 1934 in the context of Investment Company Act of 1940