Which of the Following Is Not True Regarding the Securities

question 35

Multiple Choice

Which of the following is not true regarding the Securities Act of 1933?

• A) it was passed in response to abuses thought to have contributed to the financial catastrophes of the Great Depression
• B) it covers securities fraud
• C) it requires securities to be registered formally with the federal government
• D) it set of the nature and authority of the Securities and Exchange Commission
• E) it focuses on those who provide investment advice

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Definitions:

Assets

Economic resources or owned items of value that an individual, company, or organization possesses.

Profits

The financial gain obtained after subtracting expenses from revenue in a business operation.

Syndicate

A group of individuals or organizations combined to undertake some specific business venture or share the risk in investments.

Professional Soccer

Professional Soccer refers to the sport of soccer played at a professional level, characterized by athletes who receive payment for their performance and skills in the game.