The Securities Exchange Act of 1934 only applies to companies that have assets in excess of $5 million and five hundred or more employees.

Name: The Securities Exchange Act of 1934 only applies to companies that have assets in excess of $5 million and five hundred or more employees.
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The Securities Exchange Act of 1934 applies to companies with securities traded on public exchanges, regardless of asset size or number of employees.

The Securities Exchange Act of 1934 Only Applies to Companies