Liability Under Section 17 of the 1933 Act

Liability Under Section 17 of the 1933 Act

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The video explains a government enforcement provision that allows the SEC to take civil action against deceitful practices in securities sales. It highlights the statute's broad scope for consumer protection and clarifies that only the government can enforce these rules to recover fraudulent gains.

Read more

2 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

Who is responsible for enforcing the rules related to the statute?

Evaluate responses using AI:

OFF

2.

OPEN ENDED QUESTION

3 mins • 1 pt

What happens to the gains achieved by a perpetrator of fraud according to the text?

Evaluate responses using AI:

OFF