Choose the correct answer.

The securities act of 1933 did not:

A)Require that all securities sold in more than one state be registered with the SEC

B) Hold corporate officers liable for losses for those who were misled by false information in the prospectus

C) Set guidelines for insiders who trade in the securities of their own firm

D) Require a prospectus for all new issues of securities which contains all information appearing in the registration statement.