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The Securities Act of 1933

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1.What are the features of the securities act of 1933?
2.What lead to its passage?
3. Why is it referred to as the "truth-in securities" act?

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Solution Summary

This solution discusses the features of the securities act of 1933, what lead to its passage and why it is referred to as the "truth in securities" act.

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According to many sources:

The Securities Act of 1933 refers to a federal piece of legislation enacted as a result of the market crash of 1929. The legislation had two main goals: (1) to ensure more transparency in financial statements so investors can make informed decisions about investments, and (2) to establish laws against misrepresentation and fraudulent activities in ...

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