Which of the following is not true regarding the Securities Act of 1933?

Which of the following is not true regarding the Securities Act of 1933?


a. it was passed in response to abuses thought to have contributed to the financial catastrophes of the Great Depression

b. it covers securities fraud

c. it requires securities to be registered formally with the federal government

d. it set of the nature and authority of the Securities and Exchange Commission

e. it focuses on those who provide investment advice


Answer: it focuses on those who provide investment advice


Learn More :