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Finance Dictionary and Glossary of Investment Terms
Securities Acts Amendments of 1975
Definition 1.
Legislation to encourage the establishment of a national market system together with a system for nationwide clearing and settlement of securities transactions.
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Definition 2.
Congressional law amending the Securities Act of 1933 to enable the establishment of a National Market System, and to encourage fair and efficient handling of securities transactions.
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Definition 3.
considered the most significant securities legislation since the 1934 Act, this act ended fixed commission rates, initiated action toward development of a national market system, and granted the Securities and Exchange Commission final say in the adoption of rules by any of the self-regulatory organizations (SROs). (See Securities Exchange Act of 1934, self-regulatory organizations)
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