Money Smarts Quiz Answer (10b)
b. give investors important information.
Correct!
Most businesses that raise money from the public must register with the SEC or the states and publicly report important information about their businesses on a regular basis. Federal and state laws protect you by requiring that
- the people who seek your investment dollars must tell you the truth about their businesses, and
- the people who sell securities must be licensed and treat you fairly and honestly, putting your interests first.
Question 10, Answer b