Intrastate Violations of Securities Laws Are Generally Prosecuted Under State

question 23

True/False

Intrastate violations of securities laws are generally prosecuted under state statutes that parallel federal securities laws.

---

Definitions:

States' Rights Doctrine

A political doctrine advocating for state power and autonomy, particularly in opposition to federal intervention.

Industrialization

The process by which an economy is transformed from primarily agricultural to one based on the manufacturing of goods, bringing technological innovation and urbanization.

Canals And Railroads

Infrastructure developments that revolutionized transportation and commerce by providing efficient means for the movement of goods and people during the 18th and 19th centuries.

Low Population Density

Areas characterized by a small number of inhabitants relative to the land area, often found in rural or wilderness regions.