Securities Act of 1933

Securities Act of 1933
A US statute which primarily regulates the offer and sale of securities by an issuer to the public in the US. It creates a mechanism for the registration of securities publicly offered and the use of a prospectus in connection with such a public offering. The Act also defines certain limited exemptions from the registration requirements, regulates fraud in connection with the offer and sale of securities and sets standards of liability.
For further information, see the US Securities and Exchange Commission website.
Related links

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.


Securities Act of 1933
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. . 2000.

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