Accountants' liability under the 1933 and 1934 Securities Acts is less extensive and has more limitations than liability under the common law.

Name: Accountants' liability under the 1933 and 1934 Securities Acts is less extensive and has more limitations than liability under the common law.
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The 1933 and 1934 Securities Acts impose specific statutory liabilities on accountants, which can be more extensive than common law liabilities, as they include strict liability and antifraud provisions.

Accountants' Liability Under the 1933 and 1934 Securities Acts Is