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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Hundreds of Terms and Concepts
TEFRA Notice
A notice of a TEFRA hearing, which, under the Treasury Regulations, must be published one time, at least seven days prior to the TEFRA hearing, in a newspaper of general circulation in the geographical jurisdiction of the Issuer of the tax-exempt bonds and in any “host jurisdiction” (or on the appropriate governmental entity’s website).