exempt security

A security that need not be registered under the provisions of the Securities Act of 1933 and is exempt from the margin requirements of the Securities Exchange Act of 1934. [Cases: Securities Regulation 14.10–14.40. C.J.S. Securities Regulation §§ 23, 51–61, 69.]

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词条贡献者

法律翻译Scott，毕业于新加坡知名法学院，专注翻译各类与豪华住宅买卖有关的法律文件。