MALONEY ACT
\mˈalə͡ʊni ˈakt], \mˈaləʊni ˈakt], \m_ˈa_l_əʊ_n_i_ ˈa_k_t]\
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Securities Exchange Act of 1934 amendment. The over-the-counter market oversight responsibility was assigned to a Self-Regulatory Organization (SRO) registered with the Securities & Exchange Commission (SEC). See NASD.
By Henry Campbell Black
