Federal regulation of investment banking is administered primarily under the provisions of the ___________________.

Question

Quizplus · Accepted Answer

The Securities Act of 1933 is the primary federal regulation governing investment banking. This act requires companies to provide certain financial and other information to potential investors before making an investment decision. It also regulates the sale of securities and prohibits fraudulent activities related to securities trading. The Investment Banking Act of 1977 and The Garn-St. Germain Act of 1997 are both related to banking but not specifically to investment banking. FINRA is a self-regulatory organization that oversees and regulates brokerage firms and their employees in the United States. However, it is not a federal regulatory body.

Federal Regulation of Investment Banking Is Administered Primarily Under the Provisions