The 1934 Securities Exchange Act regulates the secondary sale of securities.

Question

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The 1934 Securities Exchange Act does indeed regulate the secondary sale of securities. This law requires companies to provide certain financial disclosures and to register with the Securities and Exchange Commission (SEC) if they meet certain criteria, such as having more than a certain number of shareholders or raising a certain amount of capital through the sale of securities. The act also prohibits certain types of fraudulent or manipulative behavior in the sale of securities, such as insider trading.

The 1934 Securities Exchange Act Regulates the Secondary Sale of Securities