What Was the "Truth in Securities" Law of 1933 Designed

question 45

Multiple Choice

What was the "truth in securities" law of 1933 designed to do?

• A)to create a regulatory body to register,regulate,and oversee brokerage firms and transfer agents
• B)to restore investor confidence and bring order to the financial markets
• C)to provide investors with significant information and to prohibit deceit and misinformation
• D)to prevent chief executive officers and chief financial officers from profiting illegally

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Definitions:

Inheritance

The process by which possessions, titles, debts, rights, and obligations are passed from one generation to the next, often upon the death of an individual.

Functional Theory

A sociological perspective that examines society as a complex system whose parts work together to promote solidarity and stability, focusing on social functions and contributions.

Intergenerational Mobility

Is social mobility that occurs between generations.

Substantial

Of considerable importance, size, or worth; something that is ample or significant in quantity.