Which of the following legislations makes it a criminal offense to willfully make any untrue statement of material fact in a registration statement filed with the SEC?
A) Section 24 of the Securities Act of 1933
B) Tax Reform Act of 1976
C) Private Securities Litigation Reform Act of 1995
D) Section 10(b) of the Securities Exchange Act of 1934

Question

Quizplus · Accepted Answer

Section 24 of the Securities Act of 1933 makes it a criminal offense to willfully make any untrue statement of material fact in a registration statement filed with the SEC. This includes any statement in the prospectus, amendments, or supplements to the registration statement.

Which of the Following Legislations Makes It a Criminal Offense