Securities Acts Amendments of 1975

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Securities Acts Amendments of 1975

Definition

A federal law that amended the Securities Exchange Act of 1934 to, among other objectives, remove barriers to competition; foster the establishment of a national securities-market system and a national clearance-and-settlement system; and provide for the regulation of brokers, dealers, and banks trading in municipal securities.

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— Bradford National Clearing Corp. v. Securities and Exchange Commission

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