X-Nico

3 unusual facts about Securities Exchange Act of 1934


Exchange-traded fund

Because they do not invest in securities, commodity ETFs are not regulated as investment companies under the Investment Company Act of 1940 in the United States, although their public offering is subject to SEC review and they need an SEC no-action letter under the Securities Exchange Act of 1934.

National market system plan

In the United States, national market systems are governed by section 11A of the Securities Exchange Act of 1934.

Securities Exchange Act of 1934

Some of the more well known exchanges include the New York Stock Exchange, the American Stock Exchange, and regional exchanges like the Cincinnati Stock Exchange, Philadelphia Stock Exchange and Pacific Stock Exchange.



see also