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Adverse action

A negative step taken by a federal agency that could harm a person or business, such as fines, investigations, or revoking licenses.

Cannabis-related legitimate business

A business that grows, sells, or processes cannabis or cannabis products in a way that follows the laws of a specific state or local government.

Safe harbor

A legal provision that protects someone from liability or penalty under a specific law, even if their actions might otherwise violate that law.

National securities exchange

A regulated marketplace (like the NYSE or Nasdaq) where stocks, bonds, and other financial products are bought and sold.

Market participant

Any entity involved in the buying, selling, or processing of securities, such as brokers, dealers, or clearing agencies.

Business assistance

A broad range of services provided to a business, including financial services, accounting, real estate, legal advice, marketing, and IT support.

Securities Exchange Act of 1934

A federal law that governs the trading of securities in the secondary market (after they are initially issued), including establishing rules for exchanges and brokers.