Are there any laws related to the regulation of securities and commodities?
Yes, there are laws related to the regulation of securities and commodities in Delaware. The Delaware General Corporation Law governs the formation and reporting requirements of corporations, limited liability companies, and partnerships incorporated in Delaware. Delaware courts have also developed a body of law which provides guidance to transactions involving securities and commodities. The Delaware Securities Law allows persons dealing in securities to register with the Delaware State Securities Commission (DSSC). Once registered, DSSC is responsible for overseeing the activities of securities dealers and ensuring they do not engage in fraudulent activities. The Delaware Commodity Transaction Law provides the framework for the regulation of futures contracts, options, and other derivatives contracts, as well as non-deliverable forwards. The Delaware Investment Company Act of 2009 regulates the activities of investment companies, including mutual funds, closed-end funds, exchange-traded funds, and hedge funds. All of these laws provide for regulatory oversight of the activities of securities dealers and investment companies in Delaware. This oversight is intended to protect investors from fraud and to ensure the safety and soundness of the Delaware financial markets.
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