Private parties can sue violators of the Securities Act of 1933.

Name: Private parties can sue violators of the Securities Act of 1933.
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The Securities Act of 1933 allows private parties to sue violators of the act. This is known as a private right of action. This allows individuals who have been harmed by a violation of the act to sue for damages. However, there are limitations on who can sue and when they can sue, so it is important to consult with a securities lawyer if you believe you have a case.

Private Parties Can Sue Violators of the Securities Act of 1933