Insurance Policies Are Exempt from Both the Registration and Antifraud

question 16

True/False

Insurance policies are exempt from both the registration and antifraud provisions of the 1933 Act.

---

Definitions:

Clot Dissolution

A process by which a blood clot (thrombus) is broken down, often through enzymatic activity, restoring normal blood flow.

Serum

The liquid part of blood that remains after blood has clotted, free of cells and clotting factors, but containing antibodies and other proteins.

Aspirin

A medication used to reduce pain, fever, inflammation, and, in low doses, to prevent blood clots by inhibiting the production of certain natural substances that cause fever, pain, swelling, and blood clots.

Prostaglandins

A group of physiologically active lipid compounds that have diverse hormone-like effects in animals.