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An Overview of State Blue Sky Laws
Sole proprietorships have the greatest exposure for the business owner, who is responsible for supplying all of the capital and takes on all of the liability. At the other end of the scale are fully-reporting public companies, which can raise capital from investors nationally and sell ownership on major federally-regulated exchanges such as the NYSE and the AMEX. How the sale of stocks, bonds, and financial instruments is regulated Nationally The Securities and Exchange Commission (SEC) is the United States’ federal agency charged with administering federal securities laws and providing federal oversight of the securities industry. The SEC enacts rules to implement the provisions of the federal securities laws. The mission of the U.S. Securities and Exchange Commission is to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation. The SEC has jurisdiction over the main players in the securities, including securities exchanges, securities brokers and dealers, investment advisors, and mutual funds. In these areas the SEC promotes the disclosure of important market-related information, maintaining fair dealing, and protecting against fraud. [continued...] Want to know more? Download the White Paper "An Overview of State Blue Sky Laws" for just $69.95. |
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