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1. Describe the investment practicies of the 1920s that contributed to the erosion of the stock market. 2. Explain the basic objectives of each of

1. Describe the investment practicies of the 1920s that contributed to the erosion of the stock market.

2. Explain the basic objectives of each of the followin:

(a) Securities Act of 1933.

(b) Securities Exchange Act of 1934.

3. More recent legislation has resulted from abuses in securities industry. Explain in the provisions of th Foreign Corrupt Practices Act of 1977.

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