TAILIEUCHUNG - Lecture Dynamic business law - Chapter 41: Corporations: Securities and investor protection

After reading this chapter, you will be able to answer the following questions: What is a security? What requirements are imposed by the Securities Act of 1933? How does the Securities Exchange Act of 1934 regulate the trading of securities? How are investment companies regulated? How do states regulate securities? | Chapter 41 Corporations: Securities and Investor Protection Copyright © 2015 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. Chapter 41: Corporations: Securities and Investor Protection Security (Definition): Investment in a common enterprise with the reasonable expectation of profit gained predominantly from others’ efforts A security is an investment in a common enterprise, with a reasonable expectation of profit gained predominantly from others’ efforts. Securities and Exchange Commission (SEC) Created in 1934 to: Enforce securities laws Interpret provisions of securities acts Regulate the trade of securities Regulate the activities of securities brokers, dealers, and advisers The Securities and Exchange Commission, or “SEC,” was created in 1934 to enforce securities laws, interpret provisions of securities acts, regulate the trade of securities, and regulate the activities of securities brokers, dealers, and advisers. Expansion of SEC Powers in the 1990s Securities Enforcement Remedies and Penny Stock Reform Act of 1990 Market Reform Act of 1990 Securities Acts Amendments of 1990 National Securities Markets Improvement Act of 1996 Sarbanes-Oxley Act of 2002 During the 1990s, SEC Powers were expanded by way of supplemental legislation, including the Securities Enforcement Remedies and Penny Stock Reform Act of 1990, the Market Reform Act of 1990, the Securities Acts Amendments of 1990, the National Securities Markets Improvement Act of 1996, and the Sarbanes-Oxley Act of 2002. The Securities Act of 1933: Terminology, Rules, and Procedures Registration Statement: Document containing Description of securities offered Explanation of how proceeds from sale will be used Description of registrant’s business and properties Information about management of company Description of pending lawsuits Certified financial statements Required from securities issuers by The

• Kinh tế học
• Dynamic business law
• Business law
• Legal environment of business
• Business organizations
• Securities and exchange commission
• Securities Act of 1933
• Lecture Dynamic business law
• Classification of law
• Criminal law
• Business crime
• Administrative law
• Administrative agency
• Constitutional law
• Constitutional principles
• Tort law
• Classification of torts
• Consumer law
• Consumer health
• Discrimination law
• Major federal administrative agencies Classification of law
• Major federal administrative agencies
• Contract law
• Classification of contracts
• Agency law
• Agency relationships
• Rules of consideration
• Forms of business organization
• Antitrust law
• Antitrust law rationale
• Legal system
• Subject matter jurisdiction
• Intellectual property
• Real property
• Reality of assent
• Undue influence
• Contracts in writing
• Statute of frauds
• Lease contracts
• Contract remedies
• Perfect tender
• Negotiable instruments
• Requirements for negotiability
• Signature liability
• Parties signing negotiable instrument
• Secured transactions
• Scope of security interest
• Characteristics of partnership
• Formation of partnership
• Characteristics of corporations
• Corporate powers