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Securities Act of 1933 (also ‘1933 Act’ or ‘33 Act
(USA) A federal law regulating the offer and sale of securities by the issuer or its affiliates. It generally requires issuers seeking to raise funds from the public to provide investors with extensive information. Its liability provisions, particularly for incorrect registration statements, create a liability rule of 'caveat vendor' or 'let the seller beware'.
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- Part of Speech: noun
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- Industry/Domain: Financial services
- Category: Private equity
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