Nick
FSA
two goals
require investors to get to see financial and other significant info concerning securties being offerd to the public
federal government was in charge of security versus having the blue sky laws from the states
regulated holdings and transactions of stocks from employees of that busiiness
Let shareholders to vote for or agianst policy proposals
Set up a federal trade commission
Was replaced by the securities and exchange commission act in 1934
The federal securities act set up several basic concept with most were then modified down the road
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