cryptohunter
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In the U.S the buying and selling of a company or its shares follow rules from federal and state securities laws. The Securities and Exchange Commission (SEC) manages the federal rules, mainly the Securities Act of 1933 and the Securities Exchange Act of 1934. These laws want companies to be clear and protect investors by making companies register securities offers and share important details.
States also have their own rules, often called "blue sky laws," which add to the federal laws. These rules differ between states but mainly aim to stop fraud and make sure securities deals are fair.
Companies not on stock exchanges, called private companies, can avoid SEC registration using exceptions. Common ones include private deals and transactions with accredited investors.
States also have their own rules, often called "blue sky laws," which add to the federal laws. These rules differ between states but mainly aim to stop fraud and make sure securities deals are fair.
Companies not on stock exchanges, called private companies, can avoid SEC registration using exceptions. Common ones include private deals and transactions with accredited investors.
