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Securities Act of 1933

Securities Act of 1933

A law designed to ensure transparency in financial statements of corporations and to establish rules against misrepresentation and fraudulent activities in the securities markets

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Is a
Legislation
Legislation

Legislation attributes

Legislation Status
Enacted
Date Signed
May 27, 1933
Date Enacted
May 27, 1933

Other attributes

Also Known As
Federal Securities Act
Truth in Securities Act
Securities Act
'33 Act
1933 Act
An act to provide full and fair disclosure of the character of securities sold in interstate and foreign commerce and through the mails, and to prevent frauds in the sale thereof, and for other purposes
Country
United States
United States
Enacted by
United States Congress
United States Congress
Signed by
President of the United States
President of the United States
Wikidata ID
Q994506
Overview

The Securities Act of 1933, also known as the '33 Act, 1933 Act, Federal Securities Act, Securities Act, and Truth in Securities Act, is a key piece of legislation in the United States. The act was enacted by the United States Congress to provide "full and fair disclosure of the character of securities sold in interstate and foreign commerce and through the mails, and to prevent frauds in the sale thereof, and for other purposes". It was signed into law on May 27, 1933, by the President of the United States, and remains in effect.

The Securities Act of 1933 pertains to the country of the United States and is an instance of legislation.

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