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Private Securities Litigation Reform Act of 1995
Definition
PSLRA. Passed in 1995, this legislation made significant changes to securities fraud litigation, introduced proportionate liability, and created new responsibilities for auditors to detect and report illegal activities.
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Nearby Terms
- private purchase
- private purpose bond
- private REIT
- private sector
- private sector pass-through
- Private Securities Litigation Reform Act of 1995
- Private Wealth Management (PWM)
- privately held corporation
- privatization
- privilege
- privilege dealer
