Government Securities Act

The Government Securities Act of 1986 is a law that regulates the issuance, trading, and safekeeping of government securities such as bonds issued by the government. Its goal is to protect investors and ensure a transparent, efficient market. The act establishes rules for how these securities are issued and handled, requiring proper registration and documentation. It also sets standards for brokerage firms and dealers to prevent fraud and misuse. Overall, it helps maintain trust in government financial instruments and supports the stability of the securities market.