The Exchange Act of 1934 is a United States federal law regulating the secondary trading of securities. This legislation established the Securities and Exchange Commission (SEC) and governs the trading of securities on exchanges, broker-dealers, and other market participants. It mandates reporting requirements for publicly traded companies and aims to ensure fair and orderly markets while protecting investors from manipulative practices. The Act provides a comprehensive framework for market oversight and enforcement.
Context
The Exchange Act of 1934 is frequently referenced in discussions concerning the regulatory classification and oversight of digital assets, particularly those traded on secondary markets. A key debate involves whether certain cryptocurrencies qualify as securities under this Act and the implications for crypto exchanges. Future regulatory actions will likely continue to apply its principles to digital asset platforms to ensure investor protection.
This no-action letter provides a conditional, precedent-setting compliance pathway for certain decentralized physical infrastructure (DePIN) token distribution models.
We use cookies to personalize content and marketing, and to analyze our traffic. This helps us maintain the quality of our free resources. manage your preferences below.
Detailed Cookie Preferences
This helps support our free resources through personalized marketing efforts and promotions.
Analytics cookies help us understand how visitors interact with our website, improving user experience and website performance.
Personalization cookies enable us to customize the content and features of our site based on your interactions, offering a more tailored experience.
