Securities Act of 1933

Securities Act of 1933 definition - legal

n

A federal law governing mainly the issuance, registration, and distribution of securities by the issuer. The objective of the act is to give full disclosure of all facts related to the security being offered, so that potential investors are able to make informed decisions about whether or not to invest.

Webster's New World Law Dictionary Copyright © 2006 by Wiley Publishing, Inc., Hoboken, New Jersey.
Used by arrangement with John Wiley & Sons, Inc.

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