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

Question

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The Securities Act of 1933 established federal regulation of investment banking by requiring companies to register with the Securities and Exchange Commission (SEC) and provide detailed information about their financial condition and the securities being offered to the public. This act also prohibits fraud in the sale of securities and provides investors with certain protections. The Investment Banking Act of 1933 was actually passed as part of the Securities Act, but is not the primary source of federal regulation for investment banking. The Garn-St.Germain Act of 1997 primarily dealt with savings and loan associations and did not have a significant impact on investment banking regulation.

Federal Regulation of Investment Banking Is Administered Primarily Under the Provisions