Question

The Uniform Securities Act is designed to protect the general public and not restrict investment activities of institutional or professional investors. Any offer or sale to any of the following would be considered exempt from the registration and advertising filing requirements of the USA EXCEPT:__________- A) savings institutions B) broker-dealers C) chief executive officers of companies listed on the NYSE D) banks

Answer 1

Answer: C. chief executive officers of companies listed on the NYSE.

Explanation:

The Uniform Securities Act was put in place in order to curtail securities fraud. It was designed in order to protect the public.

It should be noted that Any offer or sale to any of the following would be considered exempt from the registration and advertising filing requirements of the USA except the chief executive officers of companies listed on the NYSE.