The Securities Act of 1933 requires a seller to provide a prospectus to each potential purchaser of an original issue of securities.

Question

Quizplus · Accepted Answer

This statement is true. The Securities Act of 1933 mandates that a prospectus, a disclosure document containing information about the securities being offered for sale, must be provided to every potential buyer of an original issue of securities.

The Securities Act of 1933 Requires a Seller to Provide