The Securities Act of 1933 Did Not

question 38

Multiple Choice

The Securities Act of 1933 did not

• A) require that all securities sold in more than one state be registered with the SEC.
• B) hold corporate officers liable for losses for those who were misled by false information in the prospectus.
• C) set guidelines for insiders who trade in the securities of their own firm.
• D) require a prospectus for all new issues of securities, which contains all information appearing in the registration statement.

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Definitions:

Ledger Balance

The balance of a bank account at the start of each day, including all deposits and withdrawals that have been posted to the account.

Miller-Orr Model

A model used to manage cash balances by setting upper and lower limits on cash reserves, triggering transfers to optimize interest and liquidity.

Upper Limit

The maximum level or boundary allowed or possible, often used in the context of production, spending, or other types of limits.

Cash Concentration

A treasury management strategy where a company consolidates its cash balances into one account to optimize liquidity and manage its cash more efficiently.