’33 Act

E10276

The ’33 Act is a foundational U.S. federal securities law that governs the initial offering and sale of securities to the public, emphasizing disclosure to protect investors.

AI illustration

How this image was made

AI-generated illustration of ’33 Act

This AI-generated illustration was produced by black-forest-labs/FLUX.2-dev (1024x1024) from a prompt written by openai/gpt-oss-120b from the entity's label + description.

Prompt

Generate an image of the ’33 Act (The ’33 Act is a foundational U.S. federal securities law that governs the initial offering and sale of securities to the public, emphasizing disclosure to protect investors.)

All labels observed (2)

Label Occurrences
’33 Act canonical 2
1933 Act 1

How this entity was disambiguated

Statements (49)

Predicate Object
instanceOf United States federal statute ⓘ
securities law ⓘ
administeredBy U.S. Securities and Exchange Commission ⓘ
alsoKnownAs Truth in Securities Act ⓘ
amendedBy Jumpstart Our Business Startups Act ⓘ
National Securities Markets Improvement Act of 1996 ⓘ
Securities Act Amendments of 1964 ⓘ
Securities Exchange Act of 1934 ⓘ
appliesTo dealers ⓘ
issuers of securities ⓘ
public offerings of securities ⓘ
underwriters ⓘ
codifiedAt 15 U.S.C. §§ 77a–77aa ⓘ
containsSection Section 11 ⓘ
Section 12(a)(1) ⓘ
Section 12(a)(2) ⓘ
Section 17(a) ⓘ
Section 5 ⓘ
distinguishedFrom Securities Exchange Act of 1934 ⓘ
emphasizes disclosure over merit regulation ⓘ
enactedBy United States Congress ⓘ
established civil liability for material misstatements or omissions in prospectuses ⓘ
civil liability for material misstatements or omissions in registration statements ⓘ
focusesOn initial public offerings ⓘ
primary market securities offerings ⓘ
governs prospectus content and delivery in public offerings ⓘ
registration statements for securities offerings ⓘ
hasOfficialName Securities Act of 1933 ⓘ
hasShortName 1933 Act ⓘ
linked to: ’33 Act

’33 Act ⓘ
historicalContext enacted in response to the 1929 stock market crash ⓘ
includesExemption intrastate offerings exemption ⓘ
limited offering exemptions ⓘ
private offerings exemption ⓘ
jurisdiction United States ⓘ
policyGoal deter securities fraud in primary offerings ⓘ
promote informed investment decisions ⓘ
primaryPurpose protect investors through full and fair disclosure in securities offerings ⓘ
regulate the offer and sale of securities in interstate commerce ⓘ
provides exemptions from registration for certain securities and transactions ⓘ
requires delivery of a prospectus to investors ⓘ
material information disclosure about the issuer and the securities offered ⓘ
registration of public offerings of securities with the SEC ⓘ
section11CreatesLiabilityFor material misstatements or omissions in registration statements ⓘ
section12CreatesLiabilityFor unregistered offers and sales of securities ⓘ
section17Prohibits fraud in the offer or sale of securities ⓘ
section5Governs offers and sales of securities using interstate means ⓘ
signedBy Franklin D. Roosevelt ⓘ
yearEnacted 1933 ⓘ

How these facts were elicited

Referenced by (3)

Full triples — surface form annotated when it differs from this entity's canonical label.

'33 Act → hasShortName → ’33 Act ⓘ
subject linked to: ’33 Act
'33 Act → hasShortName → 1933 Act ⓘ
subject linked to: ’33 Act
linked to: ’33 Act