Definitions for "Securities Act"
A provincial act (each province has its own) administered by the securities commission in each province, which sets down the regulations under which securities may be issued to the public.
The Securities Act of 1933, the federal statute that created the Securities and Exchange Commission and governs the original issuance of securities, including private placements, initial public offerings (IPOs), and exempt transactions.
The federal Securities Act of 1933, as amended.