Posts Tagged ‘33 Act’

Federal Securities Laws and SEC Filings and Forms

Friday, February 22nd, 2008

Domestic U.S. and foreign companies that list their securities on U.S. securities exchanges must file registration statements, periodic reports, and other forms with the U.S. Securities and Exchange Commission. They must be filed electronically via the SEC’s EDGAR database.

Here’s a link to the major Federal Acts that govern the securities industry: Federal Securities Laws. This is a good overview of each law and what it covers.

Three of the major Federal Acts are:

*The Securities Act of 1933 (the “33 Act”) regulates the offer and sale of securities (unless an exemption exists). The purposes of the 33 Act are two-fold: to provide disclosure to investors for the offer and sale of securities being sold to the public, and to prevent misrepresentation and fraud in connection therewith.

*The Securities Exchange Act of 1934 (the “34 Act”) primarily deals with the secondary trading of securities after they have been issued or sold. The 34 Act covers corporate reporting, proxy solicitation, tenders orders, insider trading, and the registration of exchanges, associations and others.

*The Investment Company Act of 1940 (the “40 Act”) “regulates the organization of companies, including mutual funds, that engage primarily in investing, reinvesting, and trading in securities, and whose owns securities are offered to the investing public.”

Here’s another excellent resource at the SEC. A list of SEC forms required under each Act and many of the rules, regulations and schedules associated with them are available at the SEC Forms List page.