Which Section of the Securities Act Makes Accountants Civilly Liable

Multiple Choice

Which section of the Securities Act makes accountants civilly liable for misstatements and omissions of material facts made in the registration statements required by the SEC?

A) Section 12 of the Securities Act of 1933
B) Section 12 of the Securities Act of 1934
C) Section 13 of the Securities Act of 1935
D) Section 11 of the Securities Act of 1933
E) Section 10 of the Securities Act of 1934