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Introduction
A picture of the bronze statue Charging Bull by Arturo di Modica. The statue, located on a cobblestone sidewalk in New York City’s Wall Street area, is approximately eleven feet tall and sixteen feet long, and depicts an a bull in an aggressive stance, as if it is in the process of running forward.
Figure 14.1 Introduction (Credit: Sam Valadi/ flickr/ Attribution 2.0 Generic (CC BY 2.0))

Chapter Outline

14.1 Liability Under the Securities Act
14.2 The Framework of Securities Regulation

Introduction

Learning Outcome

  • Describe the Securities Exchange Act of 1934 and its impact on business.