Pyramid sales schemes are not securities for purposes of federal securities law?

A. True

B. False

Reset Selection

Question 2 of 101 Points

The SEC issues ratings on the estimated risk of investing in a particular security?

A. True

B. False

Reset Selection

Question 3 of 101 Points

Under the Securities Act of 1933, at the latest, a final prospectus must be provided to a purchaser of securities by the time the sale is confirmed?

A. True

B. False

Reset Selection