111k views
3 votes
The Securities and Exchange Act of 1934 established, among other rules, that companies that offer their stock for sale to the public must tell the truth about their businesses, which means full disclosure of their financial condition. True or false?

User Olukayode
by
4.3k points

1 Answer

5 votes

Answer:

The answer is true

Step-by-step explanation:

All companies listed on a stock exchange must follow the requirements outlined in the SEA of 1934. The purpose of these requirements is to ensure an environment of fairness and investor confidence.

User Zetki
by
3.7k points