Series 7 - General Securities Representative Exam

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All of the following are true about the Securities Act Of 1933 EXCEPT:

It requires securities to be registered
A
It was passed into law to protect investors after the stock market crash in 1929
B
It was designed to create transparency in the financial statements of corporations
C
It focuses on T Bills and T Notes
D

Explanations

This act focuses on corporate securities offered for public sale to the public. T Bonds and T Notes are issued by the US Government