Foundations of Financial Management
Foundations of Financial Management
16th Edition
ISBN: 9781259277160
Author: Stanley B. Block, Geoffrey A. Hirt, Bartley Danielsen
Publisher: McGraw-Hill Education
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Chapter 14, Problem 12DQ
Summary Introduction

To explain: The main purpose of the Securities Act of 1933.

Introduction:

Securities Act of 1933:

This was the first federal law passed to safeguard the investors after the stock market crash of 1929. Its objective is to assist the investors in making the right selection based on genuine information.

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