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Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.

Maloney Act

Definition:

This law was passed in 1935 and it allowed some self-regulatory organizations to help the SEC is regulating the big, bad financial world and OTC market. It's the law that gave FINRA its powers. Before this law, there was no self-policing allowed.