Dashboard
Review Topics
Drills
Practice Exams
Flashcards
Vocabulary
I'm a big believer in visualizing success. I was a late bloomer, but Mom always told me to picture myself as the largest land mammal in North America. Now who's the size of a small pickup truck? This buffalo.

Federal Covered Securities

Dashboard > Registration of Securities and Issuers > Federal Covered Securities

Federal Covered Securities

In 1996, lawmakers mated and produced the National Securities Market Improvement Act of 1996 (NSMIA), out of which was born a unique class of investments called Federal Covered Securities. According to NSMIA, federally covered investments were investments that could really use a break from all the regulatory nagging. The act did away with individual state registration for these investments.

So who was in this cool club? Well, if you were a security that was listed, or authorized to be listed,...

Looking for more? Why is this annoying box in the way? It's because you haven't paid for the course yet!

$24.68
Next: Exempt Securities  
  Prev: Methods of Securities Registration