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7 Cards in this Set
- Front
- Back
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Define the securities Act of 1933?
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Known as the paper act. Primary Market. Any new issue sold to the public through an interstate commerce must be registered.
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Define the securities Act of 1934?
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Secondary Market. People Act. Regulates the trading markets and it's participants. Prevent Fraud
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The underwrites must keep prospectuses available for?
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Non NASDAQ issues: 90 days on an IPO. 40 Days on a primary offering. Listed and NASDAQ: 25 days
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IPO?? Intital Public Offering is?
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A companies first time in the market raising capital.
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Secondary Offering?
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The sale by a shareholder of a block of stock some time after it has been sold by the issuing company.
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Primary Offering?
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The market for new issues or underwritings.
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New Issues may not be purchased on margin for?
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30 days
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