The Securities Act of 1933 Is Directed Primarily at The

question 25

Multiple Choice

The Securities Act of 1933 is directed primarily at the:

• A) selling of financial products.
• B) distribution of debt securities.
• C) original distribution of securities into the market.
• D) distribution of dividend to the shareholders.

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Definitions:

Resolution to Pay

A formal decision made by a company's board of directors to distribute funds, often as dividends, to shareholders.

Dividend Payment

A payout of part of a firm's profits, determined by its board of directors, and given to its stockholders.

Ex-Dividend Date

Date two business days before the date of record, establishing those individuals entitled to a dividend.

Market Value

The current quoted price at which an asset or a company can be bought or sold on the open market.