Trail Bike Corporation is a public company whose shares are traded in the public securities markets. Under the Securities Act of 1933, Trail Bike is required to a. disclose financial and other information about its securities. b. contribute to the operations of national stock exchanges. c. all of the choices. d. engage in market surveillance to deter undesirable practices.

Question

Bernard Nash

Business

6 May, 01:22

Trail Bike Corporation is a public company whose shares are traded in the public securities markets. Under the Securities Act of 1933, Trail Bike is required to a. disclose financial and other information about its securities. b. contribute to the operations of national stock exchanges. c. all of the choices. d. engage in market surveillance to deter undesirable practices.

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Answers (1)

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Averie · Answer 1

The correct answer to the following question is option A) disclose financial and other financial information about its securities.

Explanation:

A stock exchange can be defined as a platform where investors buy and sell (or you can say trade in securities) securities (like stocks, bonds, derivatives etc) with each other. The stock market is regulated through the securities act 1933, whose main purpose is that it prohibits the fraud in stock market and make sure that investors receives all the important information regarding securities. Therefore as per this act securities registered under this, are required to disclose financial and other information about securities.