Securities lawyers specialize in the laws and regulations governing the issuance, purchase, sale, and trading of securities. They advise clients on compliance with the Securities Act of 1933, the Securities Exchange Act of 1934, and other applicable laws. Securities lawyers also represent clients in enforcement actions brought by the Securities and Exchange Commission (SEC) and other regulatory agencies.
SEC regulations are designed to protect investors and ensure the fairness and efficiency of the securities markets. These regulations cover a wide range of topics, including the registration of securities, the disclosure of material information, and the prevention of insider trading. The SEC has broad authority to enforce its regulations, and it can impose civil and criminal penalties on violators.