Which federal law imposes duties related to the authenticity of securities exchanges?

The Securities Exchange Act of 1934 is responsible for regulating the secondary trading of securities in the United States and imposes specific duties related to the authenticity of securities exchanges. This act established the Securities and Exchange Commission (SEC), which oversees market regulations, ensuring transparency and protecting investors by requiring disclosure of essential financial information from publicly traded companies.

It mandates that companies file periodic reports, including annual and quarterly disclosures, which include financial statements and material information that may affect an investor's decision. These requirements enhance the authenticity and reliability of the securities traded on exchanges, promoting a fair and efficient market.

The other laws mentioned, while significant in their own right, do not primarily focus on the authenticity of securities exchanges. The Sarbanes-Oxley Act of 2002 offers corporate governance reforms in response to financial scandals. The Securities Act of 1933 regulates initial public offerings and requires sellers of securities to provide full disclosure to investors. The Investment Company Act of 1940 regulates investment companies but does not specifically address the authenticity of securities exchanges in the same manner as the 1934 Act.