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.
Referenced by
The Laws That Govern the Securities Industry
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Objective of Securities Act of 1933 is to prohibit deceit, misrepresentation, and other fraud in the sale of securities (in primary market)
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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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