after the stock market crash in 1929, the securities and exchange commission (sec) was established to protect investors from fraudulent investments and to regulate the securities industry. based on your understanding of sec regulations, which of the following statements are true? check all that apply. companies are liable for all of the information presented in the prospectus. the sec requires that all marketing and promotional material be distributed, along with the prospectus, to all prospective investors. private placements need to be registered with the sec at least 20 days before they are issued. in most public offerings, investors are classified based on their profiles. individual investors with relatively less net worth than senior executives, directors, and high-wealth investors are referred to as .
