________ imposes civil liability on accountants and others for making misstatements or omissions of material facts in a registration statement, or failing to find such misstatements or omissions.
A) Section 11(a) of the Securities Act of 1933
B) Section 10A of the Securities Exchange Act of 1934
C) Section 101 of the Uniform Securities Act
D) Section 18(a) of the Securities Exchange Act of 1934

Question

Quizplus · Accepted Answer

Section 11(a) of the Securities Act of 1933 imposes civil liability on accountants and others for making misstatements or omissions of material facts in a registration statement, or failing to find such misstatements or omissions. This section pertains to disclosures made in connection with initial public offerings and sets forth strict liability for false or misleading statements made in registration statements. This section is designed to ensure that investors receive accurate and complete information when making investment decisions.

________ Imposes Civil Liability on Accountants and Others for Making