The Securities Exchange Act of 1934 is concerned with the secondary distribution of securities in the national securities markets and in the over-the-counter markets.

Question

Quizplus · Accepted Answer

This is a correct statement. The Securities Exchange Act of 1934 is a federal law that regulates the secondary securities market, including stock exchanges and over-the-counter markets. Its primary purpose is to protect investors and promote transparency in the securities markets.

The Securities Exchange Act of 1934 Is Concerned with the Secondary