Funds and Capital Markets Regulation Calendar

The SEC’s mission is to make a positive impact on the U.S. economy, capital markets, and people’s lives by protecting investors, maintaining fair, orderly, and efficient markets, and facilitating capital formation. The SEC regulates securities markets in the U.S., ensuring transparency and investor protection.

Rules and Regulations for the Securities and Exchange Commission and Major Securities Laws

Note: The link above includes details and rules for the following statutes and regulations.

• Securities Act of 1933

  The Securities Act of 1933 requires the registration of securities to enable investors to make informed judgments about whether to purchase a company's securities. It requires that investors receive financial and other significant information concerning securities being offered for public sale and prohibits deceit, misrepresentation, and other fraud in the sale of securities.

• Securities Exchange Act of 1934

  The Act empowers the SEC with broad authority over all aspects of the securities industry, including the power to register, regulate, and oversee brokerage firms, transfer agents, and clearing agencies as well as the nation's securities self-regulatory organizations (SROs). The various securities exchanges, such as the New York Stock Exchange, the NASDAQ Stock Market, and the Chicago Board of Options are SROs.

• Trust Indenture Act of 1939

  This Act applies to debt securities such as bonds, debentures, and notes that are offered for public sale. Although they may be registered under the Securities Act, these securities may not be offered to the public without a formal agreement between the issuer of bonds and the bondholder that conforms to the standards of this Act.

• Investment Company Act of 1940

  This Act regulates the organization of companies, including mutual funds, that engage primarily in investing, reinvesting, and trading in securities, and whose securities are offered to the investing public. The focus of this Act is on disclosure of information about the fund and its investment objectives, as well as investment company structure and operations. By requiring these companies to disclose their financial condition and investment policies to investors, the regulation is designed to minimize conflicts of interest.

• Investment Advisers Act of 1940

  This Act regulates investment advisers, requiring firms or individuals who receive compensation for providing securities investment advice to register with the SEC and comply with investor protection rules. Amendments made in 1996 and 2010 generally limit registration requirements to advisers managing at least $100 million in assets or advising registered investment companies.

• Sarbanes-Oxley Act of 2002

  Signed into law on July 30, 2002, the Sarbanes-Oxley Act implemented significant reforms in corporate responsibility, financial reporting, and anti-fraud measures. It also established the Public Company Accounting Oversight Board (PCAOB) to supervise the auditing profession.

• Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010

  Enacted on July 21, 2010, the Dodd-Frank Act introduced comprehensive changes to the U.S. financial regulatory system, addressing consumer protection, trading practices, credit ratings, financial product oversight, corporate governance, disclosure standards, and transparency.

• Jumpstart Our Business Startups Act

  The Jumpstart Our Business Startups Act (JOBS Act) was enacted on April 5, 2012. The JOBS Act helps businesses raise funds in public capital markets by minimizing regulatory requirements.

The Financial Industry Regulatory Authority writes and enforces rules governing securities and broker-dealer firms in the U.S. and administers qualifying exams for securities professionals.

• FINRA Manual

• Notices

FinCEN is a bureau of the U.S. Department of the Treasury. The organization collects and analyzes data about financial transactions to combat domestic and international money laundering, terrorist financing, and other financial crimes. FinCEN’s mission is to safeguard the financial system from illicit activity, counter money laundering, and the financing of terrorism.

• 31 U.S.C. 310

  This statute establishes FinCEN as a bureau within the Treasury Department and describes FinCEN's duties and powers.

• Authorities Delegated to FinCEN Pursuant to Treasury Order 180-01

  This Treasury Order describes FinCEN’s responsibilities to implement, administer, and enforce compliance with the authorities contained in what is commonly known as the Bank Secrecy Act.

• The Bank Secrecy Act (BSA)

• USA PATRIOT Act

  Official title is Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism (USA PATRIOT) Act of 2001. Its purpose is to deter and punish terrorist acts in the United States and around the world, to enhance law enforcement investigatory tools, and other purposes.

• The AML Act and the CTA

• Codified BSA Regulations – Chapter X

• The Federal Register

The Securities Investor Protection Corporation is a nonprofit corporation that protects the clients of brokerage firms that are forced into bankruptcy. Members include brokers and dealers registered under the Securities Exchange Act of 1934, members of securities exchanges, and most NASD members.

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The Commodity Futures Trading Commission is an independent agency of the U.S. government that regulates the U.S. derivatives markets including futures, swaps, and certain kinds of options. The agency regulates Designated Contracts Markets and Swap Execution Facilities, and oversees derivative clearing organizations under the Commodity Exchange Act.

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The European System of Financial Supervision (ESFS) is a network that includes three supervisory authorities: the European Securities and Markets Authorities (ESMA), the European Banking Authority (EBA) and the European Insurance and Occupational Pensions Authority (EIOPA). The system also includes the European Systemic Risk Board (ESRB), the Joint Committee of the European Supervisory Authorities, and national supervisory authorities.

The purpose of the European Securities and Markets Authority (ESMA) is to improve investor protection and promote stable, orderly financial markets across EU member states. The organization has three objectives, to protect investors, to promote orderly markets, and to strengthen the financial system and encourage economic growth.

The European Banking Authority works to ensure effective and consistent regulation and supervision across the European banking sector. Its objective is to help maintain financial stability across the EU and safeguard the integrity, efficiency and orderly functioning of the EU banking sector.

The European Insurance and Occupational Pensions Authority focuses on insurance and pension funds. It promotes a sound regulatory framework and consistent supervisory practices intended to protect the rights of policyholders, pension scheme members and beneficiaries.

The European Systemic Risk Board provides oversight of the EU financial system and the prevention and mitigation of systemic risk, covering banks, insurers, asset managers, shadow banks, financial market infrastructures and other financial institutions and markets.

The ESRB monitors and assesses systemic risks and, where appropriate, issues warnings and recommendations for remedial action when warranted.

The role of the European Central Bank is to manage the euro, keep prices stable, and implement EU economic and monetary policy. The organization works with the national banks of EU countries—the European System of Central Banks—and leads cooperation between banks in what is known as the Eurosystem.

The European Commission is the EU's politically independent executive arm. It’s responsible for drawing up proposals for new European legislation and implementing the decisions of the European Parliament and the Council of the EU. The EC enforces EU-wide financial regulations to promote market efficiency and investor confidence.

The Single Resolution Board is the resolution (restructuring) authority for certain banks in the eurozone, a currency union of 20 member states of the EU.

The European System of Financial Supervision (ESFS) is a network that includes three supervisory authorities: the European Securities and Markets Authorities (ESMA), the European Banking Authority (EBA) and the European Insurance and Occupational Pensions Authority (EIOPA). The system also includes the European Systemic Risk Board (ESRB), the Joint Committee of the European Supervisory Authorities, and national supervisory authorities.

The purpose of the European Securities and Markets Authority (ESMA) is to improve investor protection and promote stable, orderly financial markets across EU member states. The organization has three objectives, to protect investors, to promote orderly markets, and to strengthen the financial system and encourage economic growth.

The European Banking Authority works to ensure effective and consistent regulation and supervision across the European banking sector. Its objective is to help maintain financial stability across the EU and safeguard the integrity, efficiency and orderly functioning of the EU banking sector.

The European Insurance and Occupational Pensions Authority focuses on insurance and pension funds. It promotes a sound regulatory framework and consistent supervisory practices intended to protect the rights of policyholders, pension scheme members and beneficiaries.

The European Systemic Risk Board provides oversight of the EU financial system and the prevention and mitigation of systemic risk, covering banks, insurers, asset managers, shadow banks, financial market infrastructures and other financial institutions and markets.

The ESRB monitors and assesses systemic risks and, where appropriate, issues warnings and recommendations for remedial action when warranted.

The role of the European Central Bank is to manage the euro, keep prices stable, and implement EU economic and monetary policy. The organization works with the national banks of EU countries—the European System of Central Banks—and leads cooperation between banks in what is known as the Eurosystem.

The European Commission is the EU's politically independent executive arm. It’s responsible for drawing up proposals for new European legislation and implementing the decisions of the European Parliament and the Council of the EU. The EC enforces EU-wide financial regulations to promote market efficiency and investor confidence.

The Single Resolution Board is the resolution (restructuring) authority for certain banks in the eurozone, a currency union of 20 member states of the EU.