Which of the following is NOT true of the Securities Act of 1933? Its aim is to deter fraud by regulating the way that securities are offered to the public. It was enacted after the 1929 stock market crash, when many people thought unregulated securities trading was the cause of the crisis. It requires issuers of securities who make offers to the public to register with the SEC. It requires registration from securities issued by federal, state, and local governments.
Which of the following is NOT true of the Securities Act of 1933?
Its aim is to deter fraud by regulating the way that securities are offered to the public.
It was enacted after the 1929 stock market crash, when many people thought unregulated securities trading was the cause of the crisis.
It requires issuers of securities who make offers to the public to register with the SEC.
It requires registration from securities issued by federal, state, and local governments.
