Understanding the Securities Act of 1933

What is the primary purpose of the 1933 Securities Act?

• To oversee banking operations

• To manage corporate taxes

• To regulate the sale of securities to the public

• To control interest rates

Which of the following is considered a security under the 1933 Act?

• Real estate

• Stocks

• Insurance policies

• Commodities

What are Sunshine Laws primarily concerned with?

• Regulating environmental policies

• Overseeing educational reforms

• Ensuring transparency in securities sales

• Managing public health standards

What is required for a company to sell securities to the public under the 1933 Act?

• A government subsidy

• A registration with the SEC

• A private investor

• A marketing campaign

How does the 1933 Act relate to the 1934 Act?

• The 1933 Act is for domestic markets, while the 1934 Act is for international markets

• The 1933 Act focuses on banking, while the 1934 Act focuses on insurance

• The 1933 Act deals with commodities, while the 1934 Act deals with real estate

• The 1933 Act regulates initial sales, while the 1934 Act regulates secondary sales