In 1996 Congress limited the types of transactions that may be regulated by the states by passing the __________.

Name: In 1996 Congress limited the types of transactions that may be regulated by the states by passing the __________.
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In 1996, Congress passed the National Securities Markets Improvement Act (NSMIA), which aimed to streamline securities regulation by allocating more regulatory authority to the federal government, thus limiting the types of transactions states could regulate.

In 1996 Congress Limited the Types of Transactions That May