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AN ACT To provide for the regulation of the sale of certain securities in interstate and foreign commerce and through the mails, and the regulation of the trust in- dentures under which the same are issued, and for other purposes.
The Trust Indenture Act of 1939 was intended to supplement the Securities Act of 1933 with the overall goal of protecting investors; in this instance, bond investors. It enacted law that required bond offerings over $10 million to be fully disclosed, putting some of the responsibility on indentured trustees.
AN ACT To provide for the regulation of the sale of certain securities in interstate and foreign commerce and through the mails, and the regulation of the trust in- dentures under which the same are issued, and for other purposes.
(10) The term "security" means any note, stock, treasury stock, bond, debenture, certificate of interest or participation in any profit-sharing agreement or in any oil, gas, or other mineral royalty or lease, any collateral-trust certificate, preorganization certificate or subscription, transferable share, investment ...
The Trust Indenture Act of 1939 was intended to supplement the Securities Act of 1933 with the overall goal of protecting investors; in this instance, bond investors. It enacted law that required bond offerings over $10 million to be fully disclosed, putting some of the responsibility on indentured trustees.
An act to provide for the regulation of securities exchanges and of over-the-counter markets operating in interstate and foreign commerce and through the mails, to prevent inequitable and unfair practices on such exchanges and markets, and for other purposes.