Securities Acts Amendments of 1975

[AI summary unavailable — showing source text] Securities Acts Amendments - Permits exchanges to be registered as national securities exchanges under the requirements of this Act by filing appropriate registration forms with the Securities and Exchange Commission. Sets forth prerequisites to such registration, including the ability of an exchange to enforce compliance by its members with the provisions of this Act. Allows a national securities exchange to deny membership to any registered broker or dealer who is subject to an order of the Commission denying or suspending his broker or dealer's registration, or who does not meet standards of financial responsibility or standards of training and experience. Extends such standards to persons associated with members. Provides for a procedure of discipline for exchange members and their associates. Prohibits any national securities exchange from imposing any schedule or fixing rates of commissions or other charges for trading on such exchange, except pursuant to a rule of the exchange approved by the Commission. Prohibits exchange members from effecting any transaction for any account in which they have a financial interest, with specified exceptions. Directs the Commission to estab…