Question

________ is a provision of the Securities Act of 1933 that imposes civil liability on persons who intentionally defraud investors by making misrepresentations or omissions of material facts in the registration statement.

A) Section 24 of the Securities Act of 1933

B) Section 12 of the Securities Act of 1933

C) Section 11 of the Securities Act of 1933

D) SEC Rule 506

Answer

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