The Securities Act of 1933 Has Two Basic Objectives,one of Which

question 52

Multiple Choice

The Securities Act of 1933 has two basic objectives,one of which is to:

• A) extend protection to investors trading in securities that are already issued and outstanding.
• B) grant the SEC power to impose administrative,civil penalties up to $500,000.
• C) regulate disclosure requirements on publicly held corporations.
• D) prohibit misrepresentation,deceit,and other fraudulent acts and practices in the sale of securities generally,whether or not they are required to be registered.

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Definitions:

Reality Principle

A psychoanalytic concept that represents the ability of the mind to assess the external world and act upon it accordingly, as opposed to acting on the pleasure principle.

Newborn Children

Infants that are in the very first weeks of life, typically characterized by rapid growth and development.

Preconscious

The part of the mind that contains thoughts and feelings that are not currently in conscious awareness but can easily be brought to consciousness.

Unconscious

The part of the mind that houses memories, desires, and feelings not within the immediate awareness of the individual.