The Securities Exchange Act of 1934 regulates the securities markets, with the main intent being to prevent fraud and manipulation. It also created the SEC as the regulatory authority over the markets and market participants.
What do you mean by security?
- In the United States of America, secondary trading in securities is governed by the Securities Exchange Act of 1934. The Act of '34 and related acts, a major piece of comprehensive legislation, serve as the cornerstone for regulating the financial markets and those who participate in them in the United States.
- To prohibit unfair and unethical practices on such exchanges and markets, and for other objectives, to provide for the regulation of securities exchanges and over-the-counter markets operating in domestic, international, and postal commerce.
To know more about Security here
https://brainly.com/question/14333105
#SPJ4
