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Which of the Following Is True of the Securities Act

Question 18

Multiple Choice

Which of the following is true of the Securities Act of 1933?


A) It prohibited misrepresentation in the sale of newly issued stocks and bonds.
B) It made firms issuing new securities independent of the Securities and Exchange Commission.
C) It issued a list of protocols for brokers and brokerage firms.
D) It established the Financial Stability Oversight Council.

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