Basic Laws
Congress has created an extensive system of regulating securities at the federal level and that coexists with state regulation. Congress began enacting these laws during the New Deal, and has continued to refine the legislation over the intervening decades. Although Congress has altered the laws many times, the basic philosophy underlying the laws has remained unchanged. Congress intended these laws to protect investors and to foster dynamic markets. Discussed in this section are the major federal securities statutes.
- Securities Act of 1933
- Securities Exchange Act of 1934
- Investment Company Act of 1940
- Investment Advisers Act of 1940
- Private Securities Litigation Reform Act
- Securities Litigation Uniform Standards Act
- National Securities Markets Improvement Act
- Glass-Steagall Act
- Bank Holding Company Act of 1956
- Gramm-Leach-Bliley Act
This site provides a very brief description of the basic laws governing the securities industry. If you have questions or require additional information, please contact the SIA Washington office at 202-216-2000.