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Cal,an Investor,lost $15,000 After Purchasing Corporate Stock Based on a False

Question 29

Multiple Choice

Cal,an investor,lost $15,000 after purchasing corporate stock based on a false registration statement.Under the Securities Act of 1933,Cal:


A) can sue the accountant if he can show the registration statement was misleading about a material matter.
B) may sue the accountant who prepared the registration statement under the Securities Exchange Act of 1954.
C) may sue the accountant who prepared the registration statement under the Securities Act of 1933.
D) may sue the corporation of stock fraud under the Securities Exchange Act of 1934.

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