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Trail Bike Corporation Offers a New Issue of Securities for Sale

Question 51

Multiple Choice

Trail Bike Corporation offers a new issue of securities for sale. Under the Securities Act of 1933, Trail Bike is required to


A) contribute to the operations of national stock exchanges.
B) disclose financial and other information about the proposed sale.
C) engage in market surveillance to deter undesirable practices.
D) make periodic disclosures about the corporate organization and finances.

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