A basic objective of the Securities Act of 1933 is:
A) to provide investors with material information concerning securities offered for sale to the public.
B) to prohibit misrepresentation and other fraudulent acts in the sale of only registered securities.
C) to provide disclosure requirements on publicly held corporations.
D) to regulate tender offers and proxy solicitations.

Question

Quizplus · Accepted Answer

The Securities Act of 1933 requires companies to disclose certain information about securities offered for sale to the public, in order to ensure that investors have access to material information and can make informed investment decisions. This is a key objective of the Act.

A Basic Objective of the Securities Act of 1933 Is