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Asked by Alyssa Reaume on Apr 27, 2024

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Securities must be registered under the Securities Act of 1933 for the Securities Exchange Act of 1934 to apply.

Securities Act

A law aimed at regulating the offer and sale of securities to protect investors from fraud.

Securities Exchange Act

A federal law governing the trading of securities, such as stocks and bonds, to protect investors against malpractices.

Registered

The status of having one's name or details officially recorded, typically in a specific list or database, for purposes such as legal acknowledgment or qualification.

  • Identify the exemptions and specific conditions under the securities laws for issuing securities.
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MA
Mahmoud AljohaniApr 29, 2024
Final Answer :
False
Explanation :
The Securities Exchange Act of 1934 primarily governs the trading, buying, and selling of securities already issued and does not require that securities be registered under the Securities Act of 1933 for its provisions to apply. The 1933 Act is mainly concerned with the initial registration and offering of securities.

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