Securities Exchange Act


Securities Exchange Act

Le Securities Exchange Act est une importante loi fédérale américaine votée en 1934 et régulant les marchés financiers secondaires. Elle fait suite aux Securities Act de 1933 qui régulait les marchés primaires. Certains des principes et organismes auxquels elle a donné naissance sont toujours d'actualité : c'est en particulier dans le cadre de cette loi qu'a été créée la Securities and Exchange Commission (SEC), organisme de contrôle des marchés financiers toujours actif à l'heure actuelle (2008).

Ces deux lois signées en 1933 puis 1934 sont le fruit d'une volonté de mieux réguler les marchés de capitaux au cours des premières années de la présidende de Franklin Delano Roosevelt, alors que les États-Unis sont plongés dans une grave crise financière et économique.

Lors du krach boursier d'octobre 1929, les machines en usage ne parvenaient plus pas à taper assez vite le cours des actions. La société Teleregister Corporation bénéficie d'un cycle de renouvellement, encouragé par le Securities Exchange Act et Richard Whitney, le président du New York Stock Exchange, afin de pouvoir conserver des historiques de cours, permettant d'analyser les dysfonctionnements du marché[1].

Notes et références



Wikimedia Foundation. 2010.

Contenu soumis à la licence CC-BY-SA. Source : Article Securities Exchange Act de Wikipédia en français (auteurs)

Regardez d'autres dictionnaires:

  • Securities Exchange Act — of 1934: A US statute which primarily regulates the trading of securities of public companies and provides for ongoing reporting by issuers whose securities are listed on a US stock market or are publicly offered in the US. It regulates tender… …   Law dictionary

  • Securities Exchange Act — A federal statute enacted in 1934, embodying a comprehensive plan for the regulation of securities exchanges. 15 USC §§ 78 et seq.; 50 Am J1st Stock Ex § 15 …   Ballentine's law dictionary

  • Securities Exchange Act — U.S. Govt. a law passed in 1934 establishing the SEC. * * * …   Universalium

  • Securities Exchange Act — U.S. Govt. a law passed in 1934 establishing the SEC …   Useful english dictionary

  • Securities Exchange Act of 1934 — Securities Exchange Act of 1934: A US statute which primarily regulates the trading of securities of public companies and provides for ongoing reporting by issuers whose securities are listed on a US stock market or are publicly offered in the US …   Law dictionary

  • Securities Exchange Act of 1934, as amended — (Exchange Act) USA The federal statute regulating reporting obligations of reporting companies, tender offers, certain trading practices, insider trading and the registration and conduct of broker dealers. The SEC requires that public companies… …   Law dictionary

  • Securities Exchange Act of 1934 — The Securities Exchange Act of 1934 is a law governing the secondary trading of securities (stocks, bonds, and debentures). The Act, 48 Stat. 881 (June 6, 1934), codified at usc|15|78a et seq., was a sweeping piece of legislation. The Act and… …   Wikipedia

  • Securities Exchange Act Of 1934 — The Securities Exchange Act of 1934 was created to provide governance of securities transactions on the secondary market (after issue) and regulate the exchanges and broker dealers in order to protect the investing public. All companies listed on …   Investment dictionary

  • Securities Exchange Act of 1934 — A federal law which governs the operation of stock exchanges and over the counter trading. It requires, among other things, publication of information concerning stocks which are listed on these exchanges. 15 U.S.C.A. No. 78 et seq. See also… …   Black's law dictionary

  • Securities Exchange Act of 1934 — Legislation that created the SEC, outlawing dishonest practices in the trading of securities. Bloomberg Financial Dictionary …   Financial and business terms


Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.