Which of the Following Statements Is True of Securities Regulation

question 25

Multiple Choice

Which of the following statements is true of securities regulation?

• A) The Securities Exchange Act of 1934 requires periodic disclosures from issuers of securities.
• B) The 1933 Act regulates the sale of securities while they are passing from the hands of the issuer into the hands of the private investors.
• C) The Securities and Exchange Commission was created by the 1933 Act.
• D) Unlike other federal administrative agencies, the Securities and Exchange Commission has only legislative functions.