The SEC is the agency which mainly handles securities. The SEC oversees the key participants in the securities world, including securities exchanges, securities brokers and dealers, investment advisors, and mutual funds. The SEC is concerned primarily with promoting the disclosure of important market-related information, maintaining fair dealing, and protecting against fraud.
Like other regulations, SEC regulations are first published in the Federal Register, then codified in Title 17 of the Code of Federal Regulations (CFR) (current to within 2 or 3 days; no historic regulations available). In addition, SEC rules and regulations can be found at:
Key in (FSEC-CFR) in the "Search for a database" box.
Breadcrumb trail: Legal > Area of Law - By Topic > Securities > Find SEC & Other Administrative Materials > Federal > CFR - Titles 12(Banks & Banking) & 17(SEC & CFTC Rules & Regs)
Final Rules (1995 - Present; Selected rules from 1962 - 1994)
Proposed Rules (1994 - Present)
Located on the 1st floor of the Gould Law Library.
All public companies are required to complete forms and file certain documents to comply with SEC regulation.
These forms include information regarding periodic reports, registration statements, etc. Links to these forms may be found at: http://www.sec.gov/about/forms/secforms.htm.
SEC Regulatory Filings:
Westlaw: Key in (EDGAR) in "Search for a database" box.
Lexis: Breadcrumb trail: Legal > Area of Law - By Topic > Securities > Search SEC Filings > SEC Filings - Full-Text & Abstracts
Informal opinion letters as to legality of an action, binding only on the party who requested the letter, can be found at:
SEC: http://www.sec.gov/interps/noaction.shtml (Selected letters, 1998 - Present)
Westlaw: Key in (FSEC-NAL) in the "Search for a database" box.
Lexis: Breadcrumb trail: Legal > Area of Law - By Topic > Securities > Find SEC & Other Administrative Materials > Search SEC No-Action, Exemptive & Interpretive Letters
Staff members at the SEC have issued oral and written interpretations about compliance with federal regulations. These interpretations are useful but not legally binding since they are not the official word of the government. The staff interpretations may be found here: http://www.sec.gov/interps.shtml