The Federal Securities Act and the Securities Exchange Commission aimed to
A) halt the sale of stocks on margin (i.e. with borrowed funds) .
B) force stockbrokers to register with the federal government.
C) prevent interlocking directorates and business pyramiding schemes.
D) provide full disclosure of information and prevent insider trading and other fraudulent practices.
E) enable the Chicago Board of Trade to compete with the New York Stock Exchange.
Correct Answer:
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