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People also ask
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What is the Securities Act in simple terms?
The Securities Act serves the dual purpose of ensuring that issuers selling securities to the public disclose material information, and that any securities transactions are not based on fraudulent information or practices.
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What is the Securities and Futures Act?
The Securities and Futures Act (“SFA”) is a broad-ranging statute which governs Singapore's capital markets and financial investments sector. The SFA puts in place rules and regulations concerning, inter alia, markets, market operators, clearing facilities, intermediaries and representatives.
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What is the securities and futures ordinance?
An Ordinance to consolidate and amend the law relating to financial products, the securities and futures market and the securities and futures industry, the regulation of activities and other matters connected with financial products, the securities and futures market and the securities and futures industry, the ...
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What is the Securities and Futures Act 2006?
Securities and Futures Act (Cap 289, 2006 Rev Ed) Part XII of the SFA addresses prohibited market conduct including, inter alia, false trading and market rigging, market manipulation, and insider trading.
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What activities are regulated under the SFA?
A1 The types of activities regulated under the SFA are listed in the Second Schedule to the SFA. They are as follows: (a) dealing in capital markets products1; (b) advising on corporate finance; (c) fund management; (d) real estate investment trust management; (d) product financing; (e) providing custodial services.
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What is Section 82 1 of the SFA?
2.1 Section 82(1) of the SFA provides that no person shall, whether as principal or agent, carry on business in any regulated activity as specified in the Second Schedule to the SFA, or hold himself out as carrying on such business for any regulated activity1 under the SFA, unless he is a holder of a capital markets ...
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What is the purpose of the Securities and Futures Act?
Governs the regulation of activities and institutions in the securities and derivatives industry, including leveraged foreign exchange trading of financial benchmarks and of clearing facilities.
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What is the purpose of the securities and exchange Act?
The Securities Exchange Act of 1934 (SEA) was created to govern securities transactions on the secondary market, after issue. Its goal was to ensure greater financial transparency and accuracy and less fraud or manipulation.
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