The General Purpose of the Securities Act of 1933 Is

question 33

Multiple Choice

The general purpose of the Securities Act of 1933 is:

• A) to allow the issuance of only those securities whose level of risk has been approved by the SEC
• B) to provide that all securities issued have adequate insurance coverage
• C) to provide that all relevant information is disclosed to potential purchasers of new issues of securities
• D) to provide potential purchasers of securities with a safety rating system
• E) to provide that relevant information about publicly traded securities is provided to investors at least quarterly

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Definitions:

CMS-1500 Form

A standard form used by healthcare providers to submit insurance claims to Medicare and other health insurance providers.

Authorized Person's Signature

The signature of an individual who has been officially empowered to perform a particular action or represent a certain authority.

Administrative Simplification Compliance Act (ASCA)

Identifies limited situations where paper claim forms may be submitted for payment (rather than electronic submission); signed into law on December 27, 2001, as Public Law 107-105.

CMS-1500

A standard form used in the United States to submit healthcare claims to Medicare and Medicaid, as well as many private insurers and managed care organizations.