Objective of Securities Act of 1933 is to prohibit deceit, misrepresentation, and other fraud in the sale of securities (in primary market)

Claim

Name

Objective of Securities Act of 1933 is to prohibit deceit, misrepresentation, and other fraud in the sale of securities (in primary market)

Types

Quotes that support the claim

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

Referenced by

Objectives of Securities Act of 1933

Crypto

The Laws That Govern the Securities Industry

Crypto

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

Crypto