Examlex
Light passes through the entire thickness of the neural layer of the retina to excite the photoreceptors.
Average Investor
An individual or entity that makes investment decisions based on typical financial goals and risk tolerance, often represented as a general public member.
Investment Contracts
Financial contracts that typically denote a type of investment security, entitling the investor to specific returns.
Securities Exchange Act
A U.S. law enacted in 1934 to govern the trading of securities, such as stocks and bonds, to protect investors against malpractice.
Securities Act
A U.S. law enacted in 1933 that requires transparency in the offer and sale of securities to protect investors from fraud.
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