Examlex
Title to personal property may be transferred by
Registration Statement
A set of documents, including financial statements and other significant details, filed with a regulatory body prior to issuing securities to the public.
SEC
The U.S. Securities and Exchange Commission, a federal government agency responsible for regulating the securities industry and protecting investors.
Securities
Financial instruments representing ownership (stocks), a debt agreement (bonds), or the rights to ownership (derivatives) that can be bought and sold.
Due Diligence Defense
A legal defense used in securities law, asserting that the defendants conducted a thorough investigation and did not find any misrepresentation or fraud.
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