The Securities Act of 1933 Does Not Apply to the Sale

question 26

True/False

The Securities Act of 1933 does not apply to the sale of already-existing securities.

---

Definitions:

Local Newscast

A television or radio broadcast that provides news and information relevant to a specific local area.

Broadcast Time

The specific time slot allocated for transmitting a program or content over television, radio, or other media channels.

Niche Media

Forms of communication geared to a narrowly defined audience.

Special Interests

Groups or organizations that seek to influence governmental policy or decisions in favor of their specific goals or agendas.