What are the federal securities laws?

What are the federal securities laws?

Federal security laws were put out in the 1920's. I think most of us are aware that in 1929 we had the Great Depression, and the stock market crash. The reason for that is that we didn't have specific laws in place in regards to representation from either new issues which was the Security Act of 1933, Security Act of 1940 which is another regulatory act, or was put there in regards to clear and understandable financials that was supposed to be put out there for people to receive. And these particular laws were put out there to be sure that people had full disclosure.