Which of the Following Statements Is True of the Registration

Which of the following statements is true of the registration requirements of the 1933 Act?

A) It requires the issuer of securities to register the securities with the Securities and Exchange Commission prior to their offer or sale to the public.
B) The buyer of the securities must file a registration statement with the Securities and Exchange Commission.
C) Exempt securities need to be registered regardless of who sells the securities or how they are sold.
D) The registration statement should exclude the timing, manner, and content of offers and sales.
The 1933 Act requires the issuer of securities to register the securities with the Securities and Exchange Commission (SEC) prior to their offer or sale to the public. Historical and current data about the issuer and its business (including certified financial statements) , full details about the securities to be offered, and the use of the proceeds of the issuance, among other information, must be included in a registration statement prepared by the issuer of the securities. The issuer must file the registration statement with the SEC.