The Securities Act of 1933 formally established the Securities and Exchange Commission (SEC) as being in charge of administering federal securities laws.

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The Securities Act of 1933 was primarily aimed at requiring companies to provide financial and other significant information concerning securities being offered for public sale, and to prohibit deceit, misrepresentations, and other fraud in the sale of securities. The Securities and Exchange Commission (SEC) was actually established by the Securities Exchange Act of 1934.

The Securities Act of 1933 Formally Established the Securities and Exchange