Which of the Following Is False

question 75

Multiple Choice

Which of the following is false?

• A)The best endorsement of the quality and price of a new securities offering is if the Securities and Exchange Commission (SEC) approves the new offering.
• B)Investment banks design, market, and underwrite the issuance of new securities in the primary market.
• C)Investment banks handle private placements that bypass the underwriting process and that are marketed to a limited number of qualified investors.
• D)The Securities and Exchange Commission (SEC) was created in 1934 to regulate the securities industry.

---

Definitions:

Waste Disposal

refers to the processes and actions required to manage waste from its inception to its final disposal, including collection, transport, treatment, and disposal of waste, along with monitoring and regulation.

Hazardous Sites

Locations that contain dangerous or harmful substances posing potential risk to humans, wildlife, or the environment.

Comprehensive Environmental Response

Part of a federal program designed to manage and remediate hazardous waste sites under laws like the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA).

Material Spills

Refers to the accidental release of substances, often hazardous, into the environment.