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:

Subsistence Pattern

The means by which societies acquire the food necessary for survival, including hunting, gathering, herding, and agriculture.

McDonaldization

The notion that institutions are expected to function in ever more efficient ways, with a high degree of predictability and standardization.

Knowledge-intensive

Relating to industries or activities that heavily rely on professional knowledge or expertise.

Labour Force

The total number of people who are employed or actively seeking employment.