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14: Securities Regulation

Last updated

Jan 8, 2021
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- 13.8: Summary and Exercises
- 14.1: The Nature of Securities Regulation

Anonymous
LibreTexts

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Learning Objectives

After reading this chapter, you should understand the following:

The nature of securities regulation
The Securities Act of 1933 and the Securities Exchange Act of 1934
Liability under securities laws
What insider trading is and why it’s unlawful
Civil and criminal penalties for violations of securities laws

Both the registration and the trading of securities are highly regulated by the Securities and Exchange Commission (SEC). A violation of a securities law can lead to severe criminal and civil penalties. But first we examine the question, Why is there a need for securities regulation?

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