SEC Regulations Concerning Fraud in Securities Transactions Apply To

question 60

Multiple Choice

SEC regulations concerning fraud in securities transactions apply to:

• A) all securities transactions involving interstate commerce.
• B) only securities registered under the 1934 Act.
• C) only securities registered under the 1933 Act.
• D) securities registered under both the 1933 and 1934 Acts.

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Definitions:

Opportunity Cost

The cost of the next best alternative that must be foregone as a result of making a particular decision.

Limited Resources

A term that describes the finite availability of resources such as time, money, and raw materials, which are necessary for the production of goods and services.

Economics

The social science that studies how individuals, governments, firms, and nations make choices on allocating resources to satisfy their wants and needs, and how these choices interact in markets.

Retail Value

the price at which a product is sold to the end consumer in a retail market.