Examlex
Each of the following is a condition of urban education EXCEPT:
Securities Act of 1933
A United States federal law enacted as a result of the stock market crash of 1929, requiring that securities sold in the United States be registered and that investors receive significant information about securities being offered.
Due Diligence Defense
A legal defense used in securities law, indicating that the defendants conducted a thorough investigation and did not find any misrepresentations or omissions.
Prospectus
A formal document that companies must publish when offering their shares to the public, detailing their business and financial status.
Insider Trading
The illegal practice of trading on the stock exchange to one's own advantage through having access to confidential information.
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