Definition ∞ U.S. Securities Law refers to the body of federal statutes, rules, and judicial interpretations that govern the issuance, sale, and trading of securities within the United States. Key legislation includes the Securities Act of 1933 and the Securities Exchange Act of 1934, overseen by the Securities and Exchange Commission (SEC). These laws are designed to protect investors, ensure market integrity, and promote capital formation. Their application to digital assets is a subject of ongoing legal scrutiny and debate.
Context ∞ U.S. Securities Law is a central element in current discussions surrounding the regulation of cryptocurrency and digital assets. Regulatory bodies, particularly the SEC, frequently assert jurisdiction over various digital tokens, classifying them as securities and subjecting them to existing legal frameworks. News reports often highlight enforcement actions, proposed rule changes, and court rulings that clarify or challenge the application of these established laws to the novel digital asset landscape, creating significant uncertainty for market participants.