Securities Act of 1933
Law designed to ensure that investors are provided with material information about new issues of securities offered for sale to the public.
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Accredited Investor
An investor satisfying the definition promulgated by the SEC in Rule 501 of Regulation D under the 1933 Act.
Dive Deeper on State Law Matters
Learn more about the various aspects of state laws and how they intersect with municipal securities.
See Also
Qualified Institutional Buyer (“QIB”)
An investor satisfying the definition promulgated by the SEC in Rule 144A under the 1933 Act.
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Useful Life
An accounting estimate of the number of years it is likely for an asset to remain in service for the purpose of cost-effective revenue generation.