Which of the Following Is Required by the Securities Investor

question 6

Multiple Choice

Which of the following is required by the Securities Investor Protection Act of 1970?

• A)Registered dealers must contribute to a fund to compensate customers of failed investment houses.
• B)Corporations must make periodic disclosure statements regarding their financial structure.
• C)Insiders must make certain disclosures.
• D)Anyone offering a new issue of securities for sale to the public must register it with the SEC.

---

Definitions:

Trademark

A symbol, word, or phrase legally registered or established by use as representing a company or product.

Intangible Assets

Assets that lack physical substance and represent economic benefits, such as patents, copyrights, and brand recognition.

Fixed Assets

Long-term assets bought for use in the operation of a business, not intended for resale, such as machinery, buildings, and vehicles.

Accumulated Depreciation

The total amount of depreciation expense that has been recorded for an asset since it was put into use, reducing its book value on the balance sheet.