The Securities Act of 1933 has two basic objectives, one of which is to:
A) extend protection to investors trading in securities that are already issued and outstanding.
B) grant the SEC power to impose administrative, civil penalties up to $500,000.
C) regulate disclosure requirements on publicly held corporations.
D) prohibit misrepresentation, deceit, and other fraudulent acts and practices in the sale of securities generally, whether or not they are required to be registered.
D
You might also like to view...
Studying the experience of lead users provides insights for improving a product by adding new features or modifying it in other ways
Indicate whether the statement is true or false
Factor analysis is a multiple regression statistical procedure
Indicate whether the statement is true or false
What is the second step in the negotiation process outlined in the text?
A. outlining goals and objectives B. setting ground rules and shaping expectations C. providing supporting evidence for positions D. write and sign a formal agreement
The statement of cash flows discloses significant events related to the operating, investing, and financing activities of a business
Indicate whether the statement is true or false