The purpose of securities regulation is to make issuers and sellers of securities have a duty to disclose important information.

Question

Quizplus · Accepted Answer

The crux of the securities acts is to impose on issuers of securities,other sellers of securities,and selected buyers of securities the affirmative duty to disclose important information,even if they are not asked by investors to make the disclosures.

The Purpose of Securities Regulation Is to Make Issuers and Sellers