Objective of Securities Act of 1933 is to provide investors financial and other significant information concerning securities being offered for public sale (primary market)

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Name

Objective of Securities Act of 1933 is to provide investors financial and other significant information concerning securities being offered for public sale (primary market)

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Claim

Quotes that support the claim

The Securities Exchange Act of 1933 regulates newly issued securities, such as those being sold through an initial public offering. The Securities Exchange Act of 1934 regulates securities that are already being actively traded on the secondary market.
Often referred to as the "truth in securities" law, the Securities Act of 1933 has two basic objectives: -require that investors receive financial and other significant information concerning securities being offered for public sale; and -prohibit deceit, misrepresentations, and other fraud in the sale of securities.

Sources

The Laws That Govern the Securities Industry
What Is the Securities Exchange Act of 1934? Reach and History

Supporting arguments

Securities Act of 1933 impose requirements to securities in the primary market

Topics

Objectives of Securities Act of 1933

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Objectives of Securities Act of 1933

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The Laws That Govern the Securities Industry

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What Is the Securities Exchange Act of 1934? Reach and History

Crypto

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