Securities Law

Overview


Securities laws were enacted in the United States in the wake of the 1929 stock market crash and resulting Great Depression. The main purpose of the laws were to increase the transparency of firms that are publicly traded, with the hope of increasing market efficiency and trust, while also clamping down on securities fraud.

Regulations Following the Crash of 1929


  • Securities Act of 1933
  • Securities Exchange Act of 1934
  • Investment Advisers Act of 1940
  • Investment Company Act of 1940