Securities Law - Explained

The video provides an overview of securities laws in the U.S. It begins by defining securities as negotiable instruments representing value from equity, debt, or hybrid instruments. The broadest category is investment contracts, where buyers expect profits from others' activities. The video then covers major federal laws, including the 1933 Act, which mandates disclosure procedures, and the 1934 Act, which established the SEC to regulate securities trading. It also touches on state-level securities laws, known as Sunshine laws, designed to protect investors from fraudulent schemes.

How do state regulations of securities interact with federal laws?

What are Sunshine laws and why were they created?