Upon submission of a renewal application for a retail marijuana business license, applicants will be required to pay a $5,000 annual license fee. Checks should be made payable to the Manager of Finance. The city also accepts Visa, Mastercard, Discover, and cash payments.
The Securities Act of 1933 was enacted as a result of the market crash of 1929. It was the first major piece of federal legislation to apply to the sale of securities.The legislation was enacted as the need for more information within and about the securities markets was acknowledged.Prior to 1933, regulation of securities was chiefly governed by state laws. The Securities Act of 1933 is also known as the Truth in Securities Act..The 1933 Act was based on the idea that companies offering securities should provide potential investors with sufficient information about both the issuer and the securities to make an informed investment decision.he legislation was enacted as the need for more information within and about the securities markets was acknowledged. Prior to 1933, regulation of securities was chiefly governed by state laws. The Securities Act of 1933 is also known as the Truth in Securities Act..
Securities Exchange Act of 1934 (Exchange Act). In contrast to the Securities Act, the Exchange Act primarily regulates transactions of securities in the secondary market-that is, sales that take place after a security is initially offered by a company (the issuer).ongress initially granted the SEC power to enforce the Exchange Act, but the SEC's enforcement powers have grown to include the Securities Act, the Sarbanes-Oxley Act of 2002, and other legislation. One important function of the SEC is to ensure that companies meet the Exchange Act's disclosure requirements.