Securities Act of 1933

The Securities Act of 1933 was also referred to as “truth in securities” law. This law had two primary objectives and applied only to the sale of securities. First it required investors have financial and other specified information concerning securities being offered for public sale in interstate and foreign commerce. It also prohibited deceit, misrepresentations, and to prevent fraud in the sale of securities. There were a number of items considered securities such as stocks, bonds, notes, debentures, warrants, voting trust certificates, subscriptions, rights to oil, gas and minerals, and limited partnership interest. According to Jennings 2015, “the U. S. Supreme Court defined a security as a contract, transaction, or scheme whereby a person invests his money in a common enterprise and is led to expect profits solely from the efforts of the promoter or a third party. The actual 1933 act language was known as Howey Test, courts have been reluctant to impose restrictions on the definition of security” (p.628). The Securities and Exchange Commission (SEC), with this act they had have the power to register, regulate, and oversee the sales of securities under both the 1933 and 1934 acts. This act gives the SEC the right to require random…

Securities Act of 1933 Prior to the Securities Act of 1933, there were no true regulatory guidelines on the issuance of securities. Securities were under different state jurisdictions, which proved to be not successful. These regulatory actions led to fraud being conducted and investors being deceived into making poor investment choices. Prior to this Act, companies were not forced to disclose financial information to the public, so investors were investing their money without knowing the facts…

client privilege does he have? Brief Answer Under common law I would be found liable for negligence to the investors in Cardozo & Co., Inc. but not to Prosser Bank. He will also be found liable to Investors under the Securities act of 1933 and the Securities Exchange Act of 1934. Professional-client privilege would not enable me to refuse to respond to a subpoena from a government agency and the working papers…

Transportation Security Act. Thus, the infamous Transportation Security Administration (TSA) was established (http://tsa.gov/about). Since the implementation of the TSA, airports across the nation have declined in quality and safety. Nowadays, a petting zoo is the equivalent to the average public airport. Realistically, the TSA has failed to address and control the growth of unethical behavior within the air transportation…

of 9/11 to present is very familiar with the Transportation Security Administration (TSA). The officers in the blue shirts can be seen everywhere in airports across the United States. They are supposed to be a symbol of safety, security and reassurance for passengers. Unfortunately have become to symbolize long lines, delays, ineptitude, scandal, and inappropriate conduct. My goal is not to diminish or the work of TSA personnel as most of their employees care about security and safety.…

strayed away in doing the right thing. Stewart Enterprises was a public traded company and it’s in their best interest as well as investors that they should be reporting the correct information as well as using the correct accounting practices. This would avoid any trouble from the SEC and it keeps things honest with investors who are looking to invest in the stock. The SEC charged Stewart enterprises and some individuals for earning manipulations. The people charged were Stewart Enterprises…

totalitarian governments gave Roosevelt trouble. He recognized that in these authoritarian nations, leaders were advantaged in foreign policy by being able to shift the economy into war production with exceptional power compared to his own. Roosevelt sought to take small steps towards establishing a posture that would offer the United States the security needed in the event of an escalated war.…

website, it states that their “primary mission is to collect, evaluate, and disseminate foreign intelligence to assist the president and senior US government policymakers in making decisions relating to the national security.” I would like to (1) explain what this website is about, (2) discuss the different types of information available on www.cia.gov, (3) share what I personally learned from this website, and (4) conclude the information obtained. WHAT THIS WEBSITE IS ABOUT The website,…

Montanile’s medical expenses. The court must interpret the Employee Retirement Income Security Act (ERISA), the federal law that regulate employee health insurance plans, which contains a reimbursement clause. Tyson Foods, Inc. v. Bouaphakeo (Arg. 11/10) In this case, the employees worked on a “gang-time” system, which means they were paid only for time they were at their working stations and the production line was moving. The employees sued Tyson and argued that the company violated the Fair…

Federal law does not require employers to offer retirement plans to their employees. If employers choose to offer retirement plans, they must follow strict guidelines regarding how the plans are managed, operated, and presented to employees. The Employee Retirement Income Security Act (ERISA) is the law that governs all retirement plans in the United States. ERISA laws set the requirements for how a company retirement plan must be run. While ERISA does not apply to all employers, states may also…