Which of the Following Is True with Regard to Securities

Which of the following is true with regard to securities regulation in foreign markets?

A) Anti-fraud provisions apply where there is conduct in the U.S.relating to a violation of the federal securities laws.
B) Foreign issuers of securities must register them in the U.S.unless an exemption is available.
C) No specific regulations are allowed because of the act of state of doctrine.
D) None of the above.