The 1933 Act imposes liability for material misstatements and omission in a registration statement on:

Question

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The 1933 Act imposes liability for material misstatements and omission in a registration statement on experts and underwriters as well as directors, officers, and issuers. This means that anyone who participates in the registration statement can be held liable for any material misstatements or omissions in the statement. This includes the issuers, directors, officers, experts, and underwriters. The CEO alone is not liable, it is the collective responsibility of all the individuals involved in the registration statement.

The 1933 Act Imposes Liability for Material Misstatements and Omission