Securities Acts Amendments of 1975

From Wikipedia the free encyclopedia

The Securities Acts Amendments of 1975 is a U.S. federal law that amended the Securities Act of 1933 and the Securities Exchange Act of 1934.[1] It was enacted by the 94th United States Congress and signed into law by President Gerald Ford on June 4, 1975.[2] The Securities Acts Amendments imposed an obligation on the Securities and Exchange Commission to consider the impacts that any new regulation would have on competition.[3] The law also empowered the Securities and Exchange Commission (SEC) to establish a national market system and a system for nationwide clearance and settlement of securities transactions, enabling the SEC to enact Regulation NMS, and created the Municipal Securities Rulemaking Board (MSRB), a self-regulatory organization that writes investor protection rules and other rules regulating broker-dealers and banks in the United States municipal securities market.

References[edit]

  1. ^ 15 U.S.C. § 77a et seq., 15 U.S.C. § 78a et seq.
  2. ^ Pub. L.Tooltip Public Law (United States) 94–29
  3. ^ Goldberg, Lawrence G.; White, Lawrence J. (2003). The Deregulation of the Banking and Securities Industries. Beard Books (reissue). ISBN 978-1587981678.

See also[edit]

Flag of United StatesJustice icon

This article relating to law in the United States or its constituent jurisdictions is a stub. You can help Wikipedia by expanding it.

Retrieved from "https://en.wikipedia.org/w/index.php?title=Securities_Acts_Amendments_of_1975&oldid=1181854322"