The Securities Act of 1934 Imposes Sanctions for Noncompliance with Its

question 52

Multiple Choice

The Securities Act of 1934 imposes sanctions for noncompliance with its disclosure and antifraud requirements. These sanctions include:

• A) civil liability to injured investors and issuers.
• B) civil penalties.
• C) criminal penalties.
• D) All of these.

---

Definitions:

Security Interest

A legal claim or lien on collateral that secures the performance of an obligation, usually repayment of a debt.

Collateral

An asset offered to secure a loan or other credit and subject to seizure upon default.

Security Interests

A lawful demand or security interest on assets that have been offered as a guarantee, typically to ensure the repayment of a borrowed sum.

Time of Perfection

The point at which a security interest is legally established against third parties, typically by filing or possession.