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A Major Purpose of Federal Securities Regulations Is to

Question 114

Multiple Choice

A major purpose of federal securities regulations is to


A) provide sufficient reliable information to the investing public who purchase securities in the marketplace.
B) establish the qualifications for accountants who are members of the profession.
C) eliminate incompetent attorneys and accountants who participate in the registration of securities to be offered to the public.
D) provide a set of uniform standards and tests for accountants, attorneys, and others who practice before the Securities and Exchange Commission.

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