Which of the following statements is true of the registration requirements of the 1933 Act?

A. It requires the issuer of securities to register the securities with the Securities and Exchange Commission prior to their offer or sale to the public.
B. The buyer of the securities must file a registration statement with the Securities and Exchange Commission.
C. The registration statement should exclude the timing, manner, and content of offers and sales.
D. Exempt securities need to be registered regardless of who sells the securities or how they are sold.


Answer: A

Business

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