Which of the following is true of Section 24 of the Securities Act of 1933?
A) It imposes civil liability on any person who violates the provisions of Section 5 of the act.
B) It imposes criminal liability on any person who willfully violates the 1933 act or the rules or regulations adopted.
C) It imposes civil liability on persons who intentionally defraud investors by making misrepresentations of material facts in the registration statement.
D) It exclusively regulates the sale of securities online.
Correct Answer:
Verified
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