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 primarily regulates the initial issuance of securities to the public. Its main goal is to provide investors with accurate and complete information about securities being offered for public sale, in order to protect them from fraudulent or misleading practices.

Note: A is not the best choice because the regulation of trading in securities falls more under the jurisdiction of the Securities Exchange Act of 1934. B and D are also incorrect as they do not accurately reflect the purpose or scope of the Securities Act of 1933.