2- Federal Securities Act by vian

A- Federal Securities Act

vian_hanko — 2016-01-12 17:54:21 UTC

B- What was the goal of this program?

vian_hanko — 2016-01-12 17:55:51 UTC

The goal of this program was that it required corporations to provide complete information on all stock offerings and made them liable for any misrepresentations. The Securities Act was congress' opening shot in the war on securities double-dealing with Congress first targeting the issuers of securities.

C- Do you think the program was successful? Why or why not

vian_hanko — 2016-01-12 17:59:25 UTC

I think this program was successful, because it ensured safety, due to requiring companies issuing data on all stock offerings. Companies in need of securities, requested to raise money to collect for new projects or investments or to expand.

D- Do you believe that this program was a responsible use of federal funding? Why or why not?

vian_hanko — 2016-01-13 03:34:57 UTC

Yes, this program was responsible use of federal funding, because it took care of all security purposes. This act fulfills the dual cause of guaranteeing that issuers selling securities to the public reveal material information to investors, and that any securities undertaking are not based on dishonest information.

E- Why might some people have been critical of the program you were assigned?

vian_hanko — 2016-01-13 03:38:40 UTC

Some might disapprove with this program, by stating of how can they truly trust their goods to be secured. Also they might be critical of this program by saying that it's not taking care of business fairly.

vian_hanko — 2016-01-13 03:45:51 UTC

vian_hanko — 2016-01-13 03:52:13 UTC