The Securities Act of 1933 Has Two Basic Objectives,one of Which

The Securities Act of 1933 has two basic objectives,one of which is to:

A) extend protection to investors trading in securities that are already issued and outstanding.
B) grant the SEC power to impose administrative,civil penalties up to $500,000.
C) regulate disclosure requirements on publicly held corporations.
D) prohibit misrepresentation,deceit,and other fraudulent acts and practices in the sale of securities generally,whether or not they are required to be registered.