The Securities Act of 1933
A) regulates trading in securities.
B) approves and guarantees investments.
C) regulates the initial issuance of securities.
D) regulates the accounting profession.

Question

Quizplus · Accepted Answer

The Securities Act of 1933 regulates the initial issuance of securities. It requires companies to provide full and fair disclosure of all material information relating to the securities being offered to the public. Its purpose is to provide investors with adequate information about the securities being offered and to prevent fraudulent activity in the securities market.