Series 6 - Investment Company And Variable Contracts Products Representative Exam

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Which federal regulation initially prohibited the use of insider information in making trades?

The Investment Company Act of 1940
A
The Securities Exchange Act of 1934
B
The Securities Act of 1933
C
Regulation D
D

Explanations

The Securities Exchange Act of 1934 was the first federal regulation to prohibit the use of insider information to make trades.