Legislation passed by Congress in 1996 that created the Securities & Exchange Commission (SEC) as the sole licensing, registration, and regulatory authority for securities traded on national markets. States retained the right to prosecute fraud and to license and regulate activities restricted to an individual state.
Related information about National Securities Markets Improvement Act Of 1996 (NSMIA):
- NATIONAL SECURITIES MARKETS IMPROVEMENT ACT OF 1996
110 STAT. 3416. PUBLIC LAW 104–290—OCT. 11, 1996. Public Law 104–290. 104th Congress. An Act. To amend the Federal securities laws in order to ...
- The National Securities Markets Improvement Act of 1996 ("NSMIA")
In October, 1996, Congress passed a bill titled "The National Securities Markets Improvement Act of 1996" (NSMIA). That bill became law and extensively ...
- NSMIA Uniformity Study Survey
Jul 16, 1997 ... The National Securities Markets Improvement Act of 1996 ("NSMIA") contains significant provisions that realign the regulatory partnership ...
- Special Report: Uniformity, State Regulatory Requirements
On October 11, 1996, the National Securities Markets Improvement Act of 1996 (" NSMIA") was enacted into law. Title I of NSMIA, relating to "Capital Markets," ...
- Federal Covered Securities
The National Securities Markets Improvement Act of 1996 ("NSMIA") made substantial changes to state regulation of securities offerings, including a preemption ...
- National Securities Markets Improvement Act financial definition of ...
The effect of this recent law--the National Securities Markets Improvement Act of 1996 (NSMIA)[1]--on private placements in Florida is illustrated by the following ...
- The National Securities Markets Improvement Act of 1996
On October 11, 1996, President Clinton signed the National Securities Markets Improvement Act of 1996 ("NSMIA"). NSMIA has been modestly described by its ...
- A Pro-Investor Legislative Agenda For the 110th Congress - NASAA
... has expanded since the National Securities Markets Improvement Act of 1996 ( NSMIA) was enacted, even though the definition has technically remained the ...