True and False?

True/False The primary purpose of federal securities regulation is to prevent fraudulent practices in the sale of securities and thereby to foster public confidence in the securities market. The Securities Act of 1933 and the Securities Exchange Act of 1934 are state statutes. Both Acts of 1933 and 1934 are administered by the IRS. The Dodd-Frank Act has a whistle blower protection provision. The 1933 Act deals with the secondary market of the sale of securities. All securities are subject to the registration requirements of the 1933 Act. Rule 10b-5 is an antifraud provision of the 1933 Act. Both the 1933 and 1934 Acts contain provisions for criminal sanctions. The 1934 Act imposes significant disclosure requirements upon reporting companies. Disclosure requirements from the 1934 Act include the filing of securities registrations, periodic reports and disclosure statements. Trade secrets include commercially valuable secret information Misappropriation of a trade secret is the wrongful use of a trade secret. The punishment for a violation of trade secret law is limited to civil penalties. 14. The Lanham Act is a New York State statute involving trademark law. A trade name is any name used to identify a business, vocation or occupation. The United States is not a signatory country to the Berne Convention. The Berne Convention provides for the international protection of trade secrets. 18. Copyright laws endeavor to protect works of authorship