Which of the Below Statements Is TRUE

Which of the below statements is TRUE?

A) Congress passed the Securities Act Amendment of 1975 to broaden federal regulation in the market for municipal debt.
B) Securities Act Amendment of 1975 brought brokers and dealers in the municipal securities market, including banks that underwrite and trade municipal securities.
C) The Securities Act Amendment of 1975 requires municipal issuers to comply with the registration requirement of the 1933 act.
D) When the SEC formally approved the first bond disclosure rule, the disclosure rule had several exemptions.