The definition of a security in the 1934 Act is similar to the 1933 Act definition except that it excludes notes and drafts that mature not more than nine months from the date of issuance.

Name: The definition of a security in the 1934 Act is similar to the 1933 Act definition except that it excludes notes and drafts that mature not more than nine months from the date of issuance.
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Question

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The statement accurately reflects the definition of a security in the 1934 Act.

The Definition of a Security in the 1934 Act Is