While Securities Issued by Banks Are Exempt from SEC Registration

question 57

True/False

While securities issued by banks are exempt from SEC registration requirements, they are subject to the SEC's anti-fraud and civil liability provisions.

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Definitions:

Acceptable Name

An alternative name for a chemical compound that is recognized in scientific literature aside from its systematic or IUPAC name.

Compound

A material created by the chemical combination of two or more elements bonded together.

Name

A term or set of terms by which a particular concept or object is identified.

Compound

A compound consisting of two or more elements combined in a precise ratio through chemical bonds.