The 1933 Act imposes liability for material misstatements and omissions in a registration statement on:
A) only the directors and certain officers.
B) only the issuers.
C) experts and underwriters as well as directors, officers, and issuers.
D) the CEO only.

Question

Quizplus · Accepted Answer

The 1933 Act holds a range of parties responsible for material misstatements and omissions in a registration statement, including directors, officers, issuers, experts (like accountants), and underwriters, to ensure accuracy and protect investors.

The 1933 Act Imposes Liability for Material Misstatements and Omissions