The Municipal Securities Rulemaking Board

Municipal bonds and other securities offerings by governmental entities generally are exempt from federal securities law registration requirements. However, information about such offerings is available from sources other than the U.S. Securities and Exchange Commission.

Protection for Toxic Substances Control Act Whistleblowers

Protection for Toxic Substances Control Act Whistleblowers

The Rule 504 Exemption From Registration Requirements For Small Securities Offerings

Prior to offering and selling its stock to the public, a company normally must prepare and file with the Securities and Exchange Commission a detailed registration statement containing a prospectus with audited financial statements for distribution to potential purchasers and other information for review by Commission staff. However, there are exemptions from such registration requirements for certain categories of offerings that are small in value or sold to restricted categories of purchasers.

Types of Mergers Analyzed Under Section 7 of the Clayton Act

Mergers which are likely to substantially lessen competition or tend to create a monopoly in any line of commerce are illegal under Section Seven of the Clayton Act, 15 U.S.C.S. § 18. The type of merger -- horizontal, vertical, or conglomerate -- will affect consideration of the potential illegality of the merger.

Arbitration of Securities Disputes

Although persons may not be required to arbitrate rather than litigate their claims, they may by contract agree to arbitrate any claims that arise under the contract.