The Securities Act of 1934 Focuses on The

question 33

Multiple Choice

The Securities Act of 1934 focuses on the:

• A) primary market.
• B) secondary market.
• C) preferred market.
• D) common market.

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Definitions:

Drawer

In financial terms, the party that writes or issues a check or draft instructing a payment to be made.

Rebate Check

A refund or discount on products or services, often sent to consumers in the form of a check after a purchase.

Bearer

A term referring to an individual or entity that possesses a negotiable instrument, like a check or bond, and has the right to receive the funds or assets it represents.

Payee

The person or entity to whom a payment is to be made or credited.