Section 12(a)(2) of the Securities Exchange Act of 1933 is the anti-fraud provision that triggers rescissionary liability that is limited to sellers of public offerings and typically focuses on whether a prospectus was used to make material misstatements or omissions.
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Verified
Q5: To assist business ventures seeking smaller amounts
Q6: From a federal standpoint, the most common
Q7: The law required the SEC to carve
Q8: A company issuing securities in reliance on
Q9: Section 11 of the Securities Exchange Act
Q11: Businesses that have issued stock in a
Q12: An issuer may avoid liability or penalties
Q13: The Private Securities Litigation Reform Act of
Q14: The definition of materiality is significant because
Q15: If an investor should have known about
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