The Federal Securities Act and the Securities Exchange Commission Aimed

The Federal Securities Act and the Securities Exchange Commission aimed to

A) prohibit completely the sale of stocks on margin (i.e. with borrowed funds) .
B) force stockbrokers to register with the federal government.
C) prevent interlocking directorates and business pyramiding schemes.
D) provide full disclosure of information and prevent insider trading and other fraudulent practices.
E) stop the practice of establishing interlocking directorates on America's corporate boards that produced controversial conflicts-of-interest in the governance of American businesses.