An arbitration panel consists of either one or three arbitrators. The Financial Industry Regulatory Authority (FINRA) provides that the number of arbitrators shall depend on the amount in controversy. Where the...
business law
Securities Dispute Resolution: Selecting Arbitrators
Arbitration Panel Size
Securities Exchange Act of 1934
The Securities and Exchange Act of 1934 ("1934 Act," or "Exchange Act") primarily regulates transactions of securities in the secondary market. As such, the 1934 Act typically governs transactions which take place between parties which are...
securities fraud
Securities fraud is the misrepresentation or omission of information to induce investors into trading securities.
OverviewWhile always actionable under common law fraud, Congress, the Securities and Exchange Commission (...
securities law history
Why Regulate Securities?
The development of federal securities law was spurred by the stock market crash of 1929, and the resulting Great Depression. In the period leading up to the stock market crash, companies issued stock and...
security
Security: An Overview
Security refers to a broad type of investments with risks that are regulated under securities law. Securities exist in numerous forms including: notes, stocks, treasury stocks, bonds, and certificates of interest or...
self regulatory organization
A self-regulatory organization (SRO) is a non-governmental entity that has the power to create and enforce industry regulations and standards. SROs are typically granted authority by a governmental agency or through legislation, allowing them...
self-dealing
Self-dealing is when a person with a fiduciary duty to a company takes action to gain personal benefit, instead of for the benefit of the company. For people who may not have a direct fiduciary duty, it also refers to a person who buys or...
sell
To sell means to transfer property from a seller to a buyer via a sale.
[Last updated in July of 2021 by the Wex Definitions Team]
seller
A natural person or entity that sells goods or other property to a buyer.
See also: Goods
[Last updated in July of 2021 by the Wex Definitions Team]
senior lien
Senior lien refers to security interests in an investment that get repaid before other liens. Typically, senior liens are the first liens issued with debt on an investment. Later investors also have a lien on the property, but if the debtor...