exempt transaction

exempt transaction. A sale that falls outside the scope of a certain statute, such as the Securities Act of 1933 or the Securities Exchange Act of 1934. [Cases: Securities Regulation 18.10–18.30. C.J.S. Securities Regulation §§ 62–69, 73.]

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词条贡献者

法律翻译Johnny，毕业于新加坡知名法学院，专注翻译各类与劳动、雇佣和福利有关的法律文件。