Trust Indenture Act 1939 ( Trust Indenture Act 1939 ) is a law passed by the U.S. Congress in addition to the Securities Act of 1933 and the Securities Trading Act of 1934 , relating to the trading of debt securities .
According to the provisions of the law, such securities were registered by the US Securities and Exchange Commission , but their sale was possible only if the company issuing the securities gave their current owner their consent to the transaction. The consent to the transaction was to comply with the requirements set forth in this law.
See also
- Securities and Exchange Commission
- Securities Trading Act 1934