Various kinds of birds embody spirits of the dead in Brazil and Paraguay (Spence, 1920, p. 127) and among the Asabano of Papua New Guinea (Lohmann, 2005, p. 190). The North American Osage describe vari- ous spirit worlds, the highest of which is populated by birds embodying human souls (Beckwith, 1930, p. 387).
The Securities Exchange Act of 1934 was created to provide governance of securities transactions on the secondary market (after issue) and regulate the exchanges and broker-dealers in order to protect the investing public.REAKING DOWN 'Securities Exchange Act Of 1934'. All companies listed on stock exchanges must follow the requirements set forth in the Securities Exchange Act of 1934.
In addition, the Exchange Act provides for direct regulation of the markets on which securities are sold (the securities (stock) exchange s) and the participants in those markets (industry associations, brokers, and issuers).