Posts tagged Dodd-Frank Wall Street Reform and Consumer Protection Act.
The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 made numerous, and significant, changes to the Securities and Exchange Commission's regulatory powers particularly with respect to regulated professionals in the securities industry. But its broad sweep did not ignore non-regulated persons either. And, the significance of these changes to non-regulated individuals should not be underestimated.
- 929P(a) of Dodd-Frank granted the SEC authority to initiate the administrative proceedings against both regulated and non-regulated persons and to seek ...
Posted in: Dodd-Frank, SEC
Tags: dodd-frank, Dodd-Frank Wall Street Reform and Consumer Protection Act, Harding Advisory LLC, Laurie A. Bebo, OIP, Order Instituting Public Administrative and Cease and Desist Proceedings, SEC, Securities Exchange Commission, Wing F. Chau
To date, the Stock Market Crash of 1929 was one of the most instrumental events that shaped the securities industry and the laws the govern it. As a result of the crash, Congress enacted the Securities Act of 1933. The '33 Act's goals are to require full disclosure regarding securities offered for public sale, and to prohibit deceit, misrepresentations, and other fraud in the sale of securities. To achieve these goals, securities not subject to an exemption have to be registered so that the investing public can make informed decisions. The next year, Congress enacted the Securities ...
Tags: Dodd-Frank Wall Street Reform and Consumer Protection Act, Sarbanes-Oxley Act of 2002, Securities Act of 1933, securities industry