Which of the following is a basic objective of the 1933 Securities Act?
A) To provide investors with material information concerning securities offered for sale to the public.
B) To prohibit misrepresentation, deceit, and other fraudulent acts and unfair practices in the sale of securities generally, whether or not they are required to be registered.
C) Both of these.
D) Neither of these.

Question

Quizplus · Accepted Answer

The 1933 Securities Act has two primary objectives: to ensure that investors have access to material information about securities being offered for public sale, and to prevent deceit, misrepresentations, and other fraudulent activities in the sale of securities. Both A and B accurately describe these objectives.

Which of the Following Is a Basic Objective of the 1933