The general purpose of the securities act of 1933

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The general purpose of the Securities Act of 1933 is:

To allow the issuance of only those securities whose level of risk has been approved by the SEC.

To provide that all securities issued have adequate insurance coverage.

To provide that all relevant information is disclosed truthfully to potential purchasers of new issues of securities.

To provide potential purchasers of securities with a safety rating system.

Reference no: EM13296355

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