Practical Law UK Glossary 7-107-7226 (Approx. 2 pages)
Glossary
Securities Act of 1933
A US statute which primarily regulates the offer and sale of securities by an issuer to the public in the US. It creates a mechanism for the registration of securities publicly offered and the use of a prospectus in connection with such a public offering. The Act also defines certain limited exemptions from the registration requirements, regulates fraud in connection with the offer and sale of securities and sets standards of liability.